Donnellson, IA is a small city located in Lee County just over an hour northwest of Burlington. It is home to many small businesses including Donnellson Tire & Auto Service, Donnellson Greenhouse, and Donnellson Grain & Feed. The cost of living is also much lower than in many other cities making it an attractive place to live for those looking for affordable housing. The median 2 Bedroom Rent in Donnellson is $830 while the national median for 2 Bedroom Rent is around $1430 - that's a difference of approximately $600 per month! Additionally, the Grocery Cost Index in Donnellson is 94 versus 100 nationally which makes food costs even more affordable for residents living in this charming town.
Donnellson has an unemployment rate of 5.7%. The US average is 6.0%.
Donnellson has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 3.0%, which is lower than the US average of 33.5%.
Tax Rates for Donnellson
- The Sales Tax Rate for Donnellson is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Donnellson 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 Donnellson
- The average income of a Donnellson resident is $20,296 a year. The US average is $28,555 a year.
- The Median household income of a Donnellson resident is $42,679 a year. The US average is $69,021 a year.