Riceville, IA is a small town known for its charming atmosphere and excellent cost of living. Those looking to rent can find 2 bedroom units for just $860 compared to the US average of $1430—a great deal! Additionally, grocery costs are even better than average, with an index of 93 versus the 100 in the US. Riceville residents can enjoy all that the rural life has to offer without breaking their budget. Potential renters may want to research local companies like Riceville Community Bank and Riceville Auto Parts for more information about the area.
Riceville has an unemployment rate of 3.4%. The US average is 6.0%.
Riceville has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Riceville
- The Sales Tax Rate for Riceville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Riceville 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 Riceville
- The average income of a Riceville resident is $24,791 a year. The US average is $28,555 a year.
- The Median household income of a Riceville resident is $42,679 a year. The US average is $69,021 a year.