Kamrar, IA is a small town located in the heart of Iowa. It has several companies present that offer services to the residents such as a grocery store, bank, and a few restaurants. The cost of living is relatively low compared to most areas in the United States due to its small population. The average two bedroom rent in Kamrar is $870 whereas it is much higher at $1,430 throughout the US. Similarly, the grocery cost index for Kamrar stands at 92 versus 100 in the US. This means that food costs are slightly lower than average when compared to other locations in America. Living in Kamrar allows residents to benefit from cheaper living expenses while still accessing all necessary amenities and services.
Kamrar has an unemployment rate of 4.3%. The US average is 6.0%.
Kamrar has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Kamrar
- The Sales Tax Rate for Kamrar is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Kamrar 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 Kamrar
- The average income of a Kamrar resident is $20,258 a year. The US average is $28,555 a year.
- The Median household income of a Kamrar resident is $50,000 a year. The US average is $69,021 a year.