Dedham, IA Economy


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United States / Iowa / No Metro Area / Carroll County / Dedham / Zip Codes
Dedham, IA is a small town located in the midwest region of the United States. The rent for a two bedroom apartment is $770, which is lower than the national average of $1,430. Furthermore, the cost of groceries in Dedham is slightly lower than the national average, with the local grocery index being 94 compared to 100 nationally.
The town has several local companies that offer great services for its residents. ABC Industries is one of them and specializes in metal manufacturing. They have earned an excellent reputation in the area due to their high-quality products and excellent customer service. Another company is Gaines Grocery Store which offers a variety of produce, dairy products, meat items, baked goods, and more at competitive prices. Lastly, there's Dedham Auto Repair which provides auto repair services including oil change services, brake repairs and replacements, engine repairs and maintenance services. All three companies serve as important parts of the community by providing valuable services to its residents.

Dedham has an unemployment rate of 3.1%. The US average is 6.0%.

Dedham has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 21.2%, which is lower than the US average of 33.5%.

Tax Rates for Dedham
- The Sales Tax Rate for Dedham is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Dedham 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 Dedham
- The average income of a Dedham resident is $27,476 a year. The US average is $37,638 a year.
- The Median household income of a Dedham resident is $76,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDedham, IowaUnited States
  3.16
  -6.6%-6.2%
  21.2%33.5%
  7.0%6.2%
  7.4%4.6%
  $27,476$37,638
  $76,250$69,021
  $82,188$85,028
  Population by Occupation
  6.0%1.2%
  0.0%0.5%
  14.9%6.8%
  12.7%10.0%
  9.0%2.5%
  10.4%11.0%
  3.0%4.8%
  0.0%0.8%
  0.0%1.9%
  6.0%4.7%
  0.0%1.9%
  4.5%7.6%
  0.0%0.1%
  2.2%4.2%
  9.7%9.3%
  19.4%14.0%
  0.7%2.1%
  0.0%7.0%
  1.5%4.8%
  0.0%4.7%
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