Rathbun, IA Economy


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United States / Iowa / No Metro Area / Appanoose County / Rathbun / Zip Codes
Rathbun, IA is a small town with a population of 447 people. Despite its size, it has plenty to offer. According to the content above, the 2 bedroom rent is significantly lower than the US average at $700 as opposed to $1,430. Additionally, the grocery cost index in Rathbun is 93 which is 7 points lower than the national average. This makes it an attractive option for those looking for affordable living costs. Some of the main companies in Rathbun are Maple Valley Co-op and Rathbun Regional Water Association.

Rathbun has an unemployment rate of 4.1%. The US average is 6.0%.

Rathbun has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.

Tax Rates for Rathbun
- The Sales Tax Rate for Rathbun is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rathbun 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 Rathbun
- The average income of a Rathbun resident is $25,056 a year. The US average is $28,555 a year.
- The Median household income of a Rathbun resident is $39,444 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRathbun, IowaUnited States
  4.16
  -3.5%-6.2%
  20.6%33.5%
  7.0%6.2%
  7.4%4.6%
  $33,653$37,638
  $39,444$69,021
  $65,000$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  10.5%6.8%
  47.4%10.0%
  0.0%2.5%
  10.5%11.0%
  0.0%4.8%
  0.0%0.8%
  15.8%1.9%
  15.8%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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