McClelland, IA Economy


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McClelland, IA is a small town located in Iowa. The population is relatively small and the cost of living is quite affordable compared to the national average. Rent for a two bedroom apartment is only $1,200 and the grocery cost index comes in at 98 versus 100 in the US. The town offers locals several services including restaurants, gas stations, and banks. There are also several local businesses that make up the McClelland economy such as Barker's Bakery, Porters Auto Repair, and Kimble Drug Store. Despite its size, McClelland offers residents a great quality of life with its low cost of living and friendly atmosphere.

McClelland has an unemployment rate of 4.3%. The US average is 6.0%.

McClelland has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.

Tax Rates for McClelland
- The Sales Tax Rate for McClelland is 7.0%. The US average is 7.3%.
- The Income Tax Rate for McClelland 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 McClelland
- The average income of a McClelland resident is $24,895 a year. The US average is $28,555 a year.
- The Median household income of a McClelland resident is $98,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMcClelland, IowaUnited States
  4.36
  -5.6%-6.2%
  27.5%33.5%
  7.0%6.2%
  7.4%4.6%
  $41,572$37,638
  $98,000$69,021
  $102,500$85,028
  Population by Occupation
  5.6%1.2%
  0.0%0.5%
  1.4%6.8%
  13.9%10.0%
  1.4%2.5%
  6.9%11.0%
  6.9%4.8%
  0.0%0.8%
  0.0%1.9%
  12.5%4.7%
  0.0%1.9%
  1.4%7.6%
  0.0%0.1%
  2.8%4.2%
  11.1%9.3%
  13.9%14.0%
  1.4%2.1%
  5.6%7.0%
  8.3%4.8%
  6.9%4.7%
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