Larrabee, IA is a small town located in the northwest region of Iowa. It is home to a variety of businesses such as Evers Real Estate, Larrabee Motors, and Parsons Hardware. The cost of living is quite low compared to the national average, with 2 bedroom rent costing $800 and a grocery cost index at 90 versus 100 in the US. There are plenty of activities for residents to enjoy such as local parks, golf courses, and hiking trails. The town is also home to several schools providing quality education for children in the area. With its low cost of living and variety of amenities, Larrabee is an ideal place to call home.
Larrabee has an unemployment rate of 3.9%. The US average is 6.0%.
Larrabee has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Larrabee
- The Sales Tax Rate for Larrabee is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Larrabee 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 Larrabee
- The average income of a Larrabee resident is $19,876 a year. The US average is $28,555 a year.
- The Median household income of a Larrabee resident is $47,500 a year. The US average is $69,021 a year.