Gibson, IA is a small town with a population of about 400 people. It is located in the heart of Iowa and has various local companies and establishments that provide its citizens with necessary services. One of the main attractions here is its affordable housing costs with two-bedroom rent averaging about $720. This is substantially lower than the national average of $1,430 for two-bedroom rent. The grocery cost index for Gibson, IA is also much lower than that of the US at 93 versus 100, respectively. This means that groceries are more affordable as well in this town when compared to other parts of the country. Here you will find various family owned businesses such as Harms Bakery, Lee’s Cafe & Tavern, The Iron Horse Bar & Grill and many more all providing quality services to the community. So if you're looking for an affordable place to live with friendly locals then Gibson, IA is definitely worth considering!
Gibson has an unemployment rate of 4.8%. The US average is 6.0%.
Gibson has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 16.1%, which is lower than the US average of 33.5%.
Tax Rates for Gibson
- The Sales Tax Rate for Gibson is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Gibson 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 Gibson
- The average income of a Gibson resident is $22,540 a year. The US average is $28,555 a year.
- The Median household income of a Gibson resident is $46,094 a year. The US average is $69,021 a year.