Rockford, IA is an excellent place to live for those who are looking for a small town feel with big city amenities. The rent for two bedroom apartments is significantly lower than the national average, making it more affordable for people on a tight budget. In addition, the local grocery cost index is at 97 compared to 100 in the US, so groceries will be less expensive. Rockford also has an abundance of local businesses that provide jobs and entertainment opportunities. For instance, some notable companies located here include Hy-Vee Grocery Store, Caseys General Store and Rock Valley Physical Therapy. With its low cost of living and plenty of job opportunities, Rockford is a great place to live and raise a family or pursue a career.
Rockford has an unemployment rate of 4.6%. The US average is 6.0%.
Rockford 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 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Rockford
- The Sales Tax Rate for Rockford is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rockford 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 Rockford
- The average income of a Rockford resident is $23,401 a year. The US average is $28,555 a year.
- The Median household income of a Rockford resident is $58,750 a year. The US average is $69,021 a year.