Nichols, IA is a vibrant small town located in east central Iowa. It is close to major cities while still having plenty of exciting attractions and activities for residents to enjoy. Local companies include Nichols Farm & Fleet, Edwards Insurance Agency, and Wildwood Outdoor Living & Supply Co. Popular local attractions include the popular Oakview Golf Course and the historic Little Brown Church in the Vale. When it comes to dining out, locals can choose from a variety of delicious restaurants including The Wine Bar & Grille, Shorty's Steakhouse & Barbecue Pit, and Graze Americana.
Nichols has an unemployment rate of 4.8%. The US average is 6.0%.
Nichols has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Nichols
- The Sales Tax Rate for Nichols is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Nichols 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 Nichols
- The average income of a Nichols resident is $25,754 a year. The US average is $28,555 a year.
- The Median household income of a Nichols resident is $65,417 a year. The US average is $69,021 a year.