University Heights, IA is an up-and-coming city located in Eastern Iowa with diverse attractions to please any visitor or local. Local businesses include restaurants, pubs, shopping centers, and a variety of other amenities. In terms of cost of living, University Heights maintains an affordable rent for two bedroom apartments at $1,160 compared to the US average of $1,430. Additionally, the Grocery Cost Index for University Heights is 100 versus 100 in the US overall. This demonstrates that groceries are also reasonably priced within University Heights and residents can enjoy access to a wide selection of quality items at competitive prices. All in all, University Heights provides quality services and amenities at a fraction of the price of most other places.
University Heights has an unemployment rate of 3.7%. The US average is 6.0%.
University Heights has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.
Tax Rates for University Heights
- The Sales Tax Rate for University Heights is 6.0%. The US average is 7.3%.
- The Income Tax Rate for University Heights 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 University Heights
- The average income of a University Heights resident is $33,847 a year. The US average is $28,555 a year.
- The Median household income of a University Heights resident is $93,405 a year. The US average is $69,021 a year.