Rhodes, IA Economy


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Rhodes, IA is a small town located in Marshall County. It is home to many people who appreciate its affordability and convenience. The average 2 bedroom rent in Rhodes is $820, which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Rhodes is 95 which again is much less than the national index of 100. Popular businesses and attractions in Rhodes include The Station Bar & Grille, where visitors can enjoy a variety of meals and drinks; Johnson’s True Value Hardware, which has all the necessary supplies for any project; and Calkins Park, a great spot to spend an afternoon outdoors with friends or family. All things considered, Rhodes is an ideal place to live for those seeking a peaceful lifestyle without sacrificing amenities or affordability.

Rhodes has an unemployment rate of 7.8%. The US average is 6.0%.

Rhodes has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 10.3%, which is lower than the US average of 33.5%.

Tax Rates for Rhodes
- The Sales Tax Rate for Rhodes is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rhodes 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 Rhodes
- The average income of a Rhodes resident is $21,856 a year. The US average is $28,555 a year.
- The Median household income of a Rhodes resident is $63,182 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRhodes, IowaUnited States
  7.86
  -5.9%-6.2%
  10.3%33.5%
  7.0%6.2%
  7.4%4.6%
  $26,989$37,638
  $63,182$69,021
  $64,659$85,028
  Population by Occupation
  10.7%1.2%
  0.0%0.5%
  10.7%6.8%
  11.5%10.0%
  13.0%2.5%
  3.8%11.0%
  1.5%4.8%
  0.8%0.8%
  0.0%1.9%
  4.6%4.7%
  7.6%1.9%
  3.8%7.6%
  0.0%0.1%
  0.8%4.2%
  3.8%9.3%
  12.2%14.0%
  1.5%2.1%
  4.6%7.0%
  8.4%4.8%
  0.8%4.7%
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