Sibley, Iowa is a small city located in Osceola county with a population of around 2,500 people. The city offers affordable living expenses compared to the US average, as evidenced by its $800 two-bedroom rent rate versus the national US average of $1,430. Additionally, grocery cost index in Sibley is 93 versus 100 in the US. This means Sibley boasts below-average food costs. Popular local companies and industries in Sibley include Bunge North America, which produces oils and meals for many different markets; ABC Industries which manufactures aluminum products; and Van Wyk Meats, a popular butcher shop providing finely crafted meats to customers throughout the area.
Sibley has an unemployment rate of 2.7%. The US average is 6.0%.
Sibley has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Sibley
- The Sales Tax Rate for Sibley is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sibley 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 Sibley
- The average income of a Sibley resident is $22,246 a year. The US average is $28,555 a year.
- The Median household income of a Sibley resident is $56,994 a year. The US average is $69,021 a year.