Strawberry Point, IA is a small town located in Clayton County, Iowa. The population size is unknown but the area is known for its low cost of living. The average rent for a two bedroom apartment in Strawberry Point is just $810 compared to the nationwide average of $1,430. Additionally, the Grocery Cost Index in Strawberry Point is 93 versus the national index of 100, showing that grocery prices are lower than most other areas. This makes it an ideal place to live for those looking for more budget friendly options.
The town has several local businesses such as Black Hawk Lumber Company, Macks Inn & Suites and Tama Telecom Solutions Incorporated that provide jobs and services in the area. All these factors make Strawberry Point an attractive destination for people who want to enjoy low costs without compromising on quality of life amenities or job opportunities.
Strawberry Point has an unemployment rate of 6.6%. The US average is 6.0%.
Strawberry Point has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 23.4%, which is lower than the US average of 33.5%.
Tax Rates for Strawberry Point
- The Sales Tax Rate for Strawberry Point is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Strawberry Point 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 Strawberry Point
- The average income of a Strawberry Point resident is $24,279 a year. The US average is $28,555 a year.
- The Median household income of a Strawberry Point resident is $57,188 a year. The US average is $69,021 a year.