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 -5.9% 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 $26,989 a year. The US average is $37,638 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
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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