Granville, IA Economy


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United States / Iowa / No Metro Area / Sioux County / Granville / Zip Codes
Granville, IA is a small town that offers a peaceful and inviting atmosphere to its residents. It is an ideal location for those looking for affordable living expenses as the 2 bedroom rent here is only $810 compared to the US average of $1,430. That includes cheaper grocery costs due to a Grocery Cost Index of 93 versus 100 in the US.
Granville has plenty of opportunities for outdoor activities such as camping, fishing and boating at local lakes and ponds. There are also several restaurants and stores in town, including the Granville Cafe & Bakery, Yaeger Mercantile Co., and Humboldt County Bank. The city also hosts popular events throughout the year such as the Granville 4th of July celebration and Granville Days Fair. With its low cost of living and friendly atmosphere, Granville is a great place to call home.

Granville has an unemployment rate of 3.0%. The US average is 6.0%.

Granville has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.

Tax Rates for Granville
- The Sales Tax Rate for Granville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Granville 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 Granville
- The average income of a Granville resident is $22,556 a year. The US average is $28,555 a year.
- The Median household income of a Granville resident is $54,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGranville, IowaUnited States
  36
  -3.4%-6.2%
  24.1%33.5%
  7.0%6.2%
  7.4%4.6%
  $29,210$37,638
  $54,125$69,021
  $68,750$85,028
  Population by Occupation
  16.9%1.2%
  0.0%0.5%
  5.2%6.8%
  15.6%10.0%
  3.2%2.5%
  16.2%11.0%
  5.2%4.8%
  0.0%0.8%
  0.0%1.9%
  6.5%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  2.6%4.2%
  5.8%9.3%
  14.3%14.0%
  1.9%2.1%
  2.6%7.0%
  1.9%4.8%
  1.9%4.7%
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