Rudd, IA is a small town located in Floyd County with a population of around 500 people. Though small in size, Rudd offers a variety of amenities that make it an ideal place to live. Residents can enjoy access to affordable housing with 2 bedroom rent at $780 compared to the US average of $1,430. Grocery costs are also lower than average, with a grocery cost index of 93 compared to the national average of 100.
The city is home to a number of local businesses such as Rudd Company Inc., which specializes in construction and real estate development. Maier Trucking & Excavating Co. is another local business offering services such as trucking and excavating for agricultural and residential properties. These businesses provide many job opportunities for locals including positions in construction, engineering, finance, customer service, transportation and more.
Living in Rudd has many advantages such as being part of a close-knit community with friendly neighbors as well as having access to affordable housing and goods. Families can enjoy a peaceful environment away from the hustle and bustle while still being close enough to larger cities like Mason City and Charles City for more job opportunities or activities like shopping, dining or entertainment.
Rudd has an unemployment rate of 4.6%. The US average is 6.0%.
Rudd 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 Rudd
- The Sales Tax Rate for Rudd is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rudd 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 Rudd
- The average income of a Rudd resident is $25,800 a year. The US average is $28,555 a year.
- The Median household income of a Rudd resident is $63,125 a year. The US average is $69,021 a year.