Durant, IA is a small town located in Iowa. It is known for its small-town charm and affordability. The average rent for a 2 bedroom apartment in Durant, IA is $1,020 which is much lower than the US average of $1,430. Grocery costs are also lower; the cost index in Durant, IA stands at 97 compared to 100 in the US. Local businesses in Durant, IA include Kwik Star convenience stores, Hy-Vee grocery store and DeWitt Bank & Trust. Residents enjoy living in this town due to its low cost of living and friendly community atmosphere.
Durant has an unemployment rate of 4.1%. The US average is 6.0%.
Durant has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Durant
- The Sales Tax Rate for Durant is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Durant 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 Durant
- The average income of a Durant resident is $28,568 a year. The US average is $28,555 a year.
- The Median household income of a Durant resident is $72,212 a year. The US average is $69,021 a year.