Janesville, IA is a wonderful small town located in the heart of Iowa. It offers a peaceful lifestyle with plenty of local businesses for residents to enjoy. The cost of living in Janesville is very affordable compared to the US average; two bedroom rents are only $880 versus $1,430 in the US and groceries have an index of 98 versus 100 in the US. There are many local businesses that contribute to the town's economy such as Janesville Manufacturing, Oakhurst Dairy, and KWIK Stop Shell Gas Station.
Living in Janesville is great for those who appreciate nature and community values. With its picturesque landscape and friendly people, residents get to experience a sense of belonging no matter where they may be from. Additionally, there are several parks and recreation centers in the area that provide abundant opportunities for outdoor activities like biking and camping. With its excellent quality of life and low cost of living, Janesville is a great place to call home.
Janesville has an unemployment rate of 3.4%. The US average is 6.0%.
Janesville has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.
Tax Rates for Janesville
- The Sales Tax Rate for Janesville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Janesville 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 Janesville
- The average income of a Janesville resident is $25,318 a year. The US average is $28,555 a year.
- The Median household income of a Janesville resident is $88,750 a year. The US average is $69,021 a year.