Glenwood, IA is an ideal area to live for those looking for affordable rents without sacrificing quality. According to the content above, the average 2 bedroom rent in Glenwood is $1,020 a month in comparison to the US average of $1430. Additionally, the grocery cost index in Glenwood is 97 versus 100 in the US. Glenwood offers its residents many employment opportunities with companies such as Grocery store Super Saver, insurance broker The Harlan Group, and Arbor Resources Inc., a timber and forestry management company. With its diverse industries ranging from retail and insurance to forestry management, Glenwood has something for everyone.
Glenwood has an unemployment rate of 3.5%. The US average is 6.0%.
Glenwood has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 28.9%, which is lower than the US average of 33.5%.
Tax Rates for Glenwood
- The Sales Tax Rate for Glenwood is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Glenwood 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 Glenwood
- The average income of a Glenwood resident is $25,802 a year. The US average is $28,555 a year.
- The Median household income of a Glenwood resident is $66,691 a year. The US average is $69,021 a year.