Nodaway, IA is a small rural town located in western Iowa. It has a cozy atmosphere and friendly locals who enjoy the beauty of the area. Housing options in Nodaway are quite affordable, with two-bedroom rents averaging around $900 per month compared to the US average of $1,430. Additionally, grocery cost index in Nodaway is 94 versus 100 in the US. This makes it an attractive option for those seeking to stretch their dollar further.
The local economy of Nodaway is supported by businesses such as Nodaway News & Views Newspaper, Hickory Grove Golf Course, DeJager Farms, and The Barn Cafe & Bakery. These companies contribute to the growth and vibrancy of the town and provide employment opportunities for its residents.
Nodaway has an unemployment rate of 3.0%. The US average is 6.0%.
Nodaway has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 11.0%, which is lower than the US average of 33.5%.
Tax Rates for Nodaway
- The Sales Tax Rate for Nodaway is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Nodaway 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 Nodaway
- The average income of a Nodaway resident is $14,987 a year. The US average is $28,555 a year.
- The Median household income of a Nodaway resident is $51,250 a year. The US average is $69,021 a year.