Ionia, IA Economy


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United States / Iowa / No Metro Area / Chickasaw County / Ionia / Zip Codes
Ionia, IA is a small town located in Iowa with a population of about 500 people. It offers inexpensive housing compared to the US, with a 2 bedroom rent of just $710 per month. In addition to the lower cost of living, Ionia also has a low Grocery Cost Index at 93 compared to the US average of 100. Companies in Ionia include the local Hardware Store, Pet Supply Store and Lawn Care Company. There is also a Family Dollar store for household items and convenience items. With such affordable costs and local businesses, Ionia is an attractive option for those looking for an affordable cost of living.

Ionia has an unemployment rate of 4.1%. The US average is 6.0%.

Ionia has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.

Tax Rates for Ionia
- The Sales Tax Rate for Ionia is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ionia 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 Ionia
- The average income of a Ionia resident is $18,216 a year. The US average is $28,555 a year.
- The Median household income of a Ionia resident is $64,839 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIonia, IowaUnited States
  4.16
  -6.1%-6.2%
  28.8%33.5%
  7.0%6.2%
  7.4%4.6%
  $37,276$37,638
  $64,839$69,021
  $89,375$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.9%6.8%
  32.3%10.0%
  0.5%2.5%
  6.9%11.0%
  11.6%4.8%
  1.1%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  1.6%9.3%
  29.6%14.0%
  0.0%2.1%
  4.8%7.0%
  1.6%4.8%
  2.1%4.7%
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