Slater, IA is a small town located in the northwest region of Iowa. With an estimated population of only 1,029 people, Slater offers a peaceful and tranquil lifestyle for its residents. The cost of living is quite low compared to the US average, with rent prices for 2 bedrooms at $860 and grocery costs index at 98 (compared to 100 in the US). The town has a few local businesses such as Grocery Plus, Slater Pizza Palace, Main Street Café and LJ Salon. There are also multiple stores that offer services such as mechanic shops, clothing stores, and antique stores. Residents enjoy living in Slater due to its rural setting and short commutes to work or school.
Slater has an unemployment rate of 3.0%. The US average is 6.0%.
Slater has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.
Tax Rates for Slater
- The Sales Tax Rate for Slater is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Slater 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 Slater
- The average income of a Slater resident is $29,566 a year. The US average is $28,555 a year.
- The Median household income of a Slater resident is $79,000 a year. The US average is $69,021 a year.