Oakville, IA is a small town in Iowa with an approximate population of 800. Rent for two bedroom apartments in Oakville averages around $800 per month compared to the US average of $1,430. The Grocery Cost Index in Oakville is 93 versus 100 in the US, making grocery items more affordable for local residents. There are several local businesses that actively serve the community such as \"Smith's Hardware Store\", which provides hardware and construction supplies; \"Tina's Cafe\" which serves delicious home cooked meals; and \"O'Malley's Auto Repair Shop\" which offers quality auto repair services. All of these businesses help make living in Oakville an enjoyable experience.
Oakville has an unemployment rate of 4.6%. The US average is 6.0%.
Oakville 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 28.2%, which is lower than the US average of 33.5%.
Tax Rates for Oakville
- The Sales Tax Rate for Oakville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Oakville 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 Oakville
- The average income of a Oakville resident is $25,658 a year. The US average is $28,555 a year.
- The Median household income of a Oakville resident is $51,250 a year. The US average is $69,021 a year.