Miles, IA is a small, rural town located along the banks of the Iowa River. The cost of living in Miles is relatively low, with 2 bedroom rent being only $790 compared to the US average of $1,430. The local grocery cost index is also low at 97 compared to 100 elsewhere in the US. Local businesses in Miles include the Red Rose Inn, M&M Bowling Alley, and Pete's Pies restaurant. There are plenty of outdoor activities available such as fishing, biking trails, and parks for families to enjoy. Whether looking to move to a small town or just visit for a weekend getaway, Miles has something for everyone.
Miles has an unemployment rate of 5.8%. The US average is 6.0%.
Miles has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Miles
- The Sales Tax Rate for Miles is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Miles 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 Miles
- The average income of a Miles resident is $22,818 a year. The US average is $28,555 a year.
- The Median household income of a Miles resident is $53,021 a year. The US average is $69,021 a year.