Galva, IA is a small town located in the Midwest region. It is home to a number of local companies such as Galva Municipal Utilities, Sam's Country Store, and Galva Coop Grain and Feed. The cost of living in Galva is relatively low compared to other places in the U.S. Rent for a 2 Bedroom apartment is approximately $710 per month which is much lower than the national average of $1430 per month. Additionally, a Grocery Cost Index of 92 suggests that prices are 8 percent below the US average which makes grocery shopping more affordable in Galva, IA.
Galva has an unemployment rate of 3.8%. The US average is 6.0%.
Galva has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.
Tax Rates for Galva
- The Sales Tax Rate for Galva is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Galva 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 Galva
- The average income of a Galva resident is $18,970 a year. The US average is $28,555 a year.
- The Median household income of a Galva resident is $53,250 a year. The US average is $69,021 a year.