Davis City, IA is a small city filled with charm and flourishing with local businesses. Residents of this city pay around $690 for two bedroom apartments, which is quite affordable compared to the US average of $1,430. This area also has an impressive grocery cost index of 93 versus the US average of 100. Some of the top companies located in Davis City include Big Daddy's Pizzeria, Loon Creek Pharmacy, and Cottage Emporium. It's clear that Davis City offers its residents a strong economy and a sense of community seldom found elsewhere.
Davis City has an unemployment rate of 3.2%. The US average is 6.0%.
Davis City has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.
Tax Rates for Davis City
- The Sales Tax Rate for Davis City is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Davis City is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Davis City
- The average income of a Davis City resident is $15,054 a year. The US average is $28,555 a year.
- The Median household income of a Davis City resident is $32,031 a year. The US average is $69,021 a year.