Washta, IA is a small town located in the Midwest region of the United States. It has a population of around 1,000 people and provides its residents with a quiet and peaceful lifestyle. Companies such as Washta Community Bank, Xcel Energy Corp., and Washta Community School District are some of the most prominent employers in the area. \nThe cost of living in Washta, IA is quite low compared to the national average. According to current data, the median rent for two-bedroom apartments in Washta is only $810 while nationally it is $1,430. Additionally, grocery costs index is 94 versus 100 in the US. This makes Washta an affordable place to live for many people due to its low cost of living and availability of local businesses.
Washta has an unemployment rate of 3.9%. The US average is 6.0%.
Washta has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Washta
- The Sales Tax Rate for Washta is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Washta 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 Washta
- The average income of a Washta resident is $16,525 a year. The US average is $28,555 a year.
- The Median household income of a Washta resident is $43,125 a year. The US average is $69,021 a year.