Fremont, IA is an attractive small town with a wide range of local businesses. It has a population of just over 1,000 people and is situated in the heart of Iowa. Rent costs for two-bedroom apartments are significantly lower in Fremont than in most other parts of the US at $810 compared to the national average of $1,430. The cost of groceries is also relatively low due to its grocery cost index being 94 compared to 100 in the US. Local companies in Fremont include Fremont Manufacturing, Bob’s Furniture Store, and Agri-Business Solutions, offering residents plenty of employment opportunities. Overall, Fremont is an affordable place to live with numerous job opportunities and a tight-knit community atmosphere.
Fremont has an unemployment rate of 3.9%. The US average is 6.0%.
Fremont has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.
Tax Rates for Fremont
- The Sales Tax Rate for Fremont is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fremont 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 Fremont
- The average income of a Fremont resident is $21,319 a year. The US average is $28,555 a year.
- The Median household income of a Fremont resident is $47,788 a year. The US average is $69,021 a year.