Randall, IA is a small city located in the state of Iowa with a population of around 400 people. The area has a low cost of living compared to the US overall, with two bedroom rent being $870, which is 43% lower than the US average. This low cost of living extends to groceries as well; Randall has a Grocery Cost Index of 94 compared to the US average of 100. Local businesses in Randall consist of small shops and grocery stores such as C & G Food Mart and Save-A-Lot. There are also local service-based companies such as Randall Plumbing, helping to keep costs down for residents. All in all, Randall provides its citizens with an economical environment for everyday life while still providing necessary services and amenities.
Randall has an unemployment rate of 4.3%. The US average is 6.0%.
Randall has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Randall
- The Sales Tax Rate for Randall is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Randall 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 Randall
- The average income of a Randall resident is $30,529 a year. The US average is $28,555 a year.
- The Median household income of a Randall resident is $58,125 a year. The US average is $69,021 a year.