Fraser, IA is a small town located in the Midwest region of the United States. It has a population of around 500 people and offers affordable housing; 2 bedroom rent on average costs $860 per month. The cost for groceries is also cheaper compared to the US average, with its grocery cost index being 95 versus 100 in the US. Residents of Fraser have access to several amenities such as a local post office, general store, library, movie theater, and multiple restaurants. Additionally, there are numerous outdoor recreation activities including camping at nearby state parks and community events throughout the year. Fraser is also home to several local businesses such as Gibson’s Garage which offers auto repair services, Clover Field Farms which specializes in dairy products and eggs, and Johnson Family Funeral Home & Cremation Services.
Fraser has an unemployment rate of 3.6%. The US average is 6.0%.
Fraser has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Fraser
- The Sales Tax Rate for Fraser is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fraser 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 Fraser
- The average income of a Fraser resident is $34,075 a year. The US average is $28,555 a year.
- The Median household income of a Fraser resident is $58,977 a year. The US average is $69,021 a year.