Hampton, IA is a great place to live and visit, with its low cost of living and plethora of local attractions. The average 2 bedroom rent in Hampton is only $810, compared to the US average of $1,430, making it an affordable option for families. Grocery costs are also lower than the national average, with the grocery cost index being 93 versus 100 in the US. \nThere are many businesses and attractions in Hampton that residents can enjoy. One popular spot is the Hampton Arts Center where locals can partake in art classes or catch a show. For those interested in the outdoors, there is nearby Brushy Creek State Recreation Area which offers hiking trails, camping sites, and fishing areas. There are also several restaurants such as Country Cafe' & Catering or A J's Steakhouse & Sports Bar for locals to enjoy.
Hampton has an unemployment rate of 4.1%. The US average is 6.0%.
Hampton has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Hampton
- The Sales Tax Rate for Hampton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hampton 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 Hampton
- The average income of a Hampton resident is $21,456 a year. The US average is $28,555 a year.
- The Median household income of a Hampton resident is $47,260 a year. The US average is $69,021 a year.