Dike, IA is a rural town located in Black Hawk County. The cost of living in Dike is lower than the US average. This can be seen with the 2 bedroom rent being $820 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Dike is 98 versus 100 in the US. Local companies located in Dike include The Dike Family Restaurant and Bakery, Drinnen Implement Company and Schrock Brothers Construction.
Dike has an unemployment rate of 4.3%. The US average is 6.0%.
Dike has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 19.6%, which is lower than the US average of 33.5%.
Tax Rates for Dike
- The Sales Tax Rate for Dike is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Dike 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 Dike
- The average income of a Dike resident is $36,157 a year. The US average is $28,555 a year.
- The Median household income of a Dike resident is $78,485 a year. The US average is $69,021 a year.