Webster, IA Economy


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United States / Iowa / No Metro Area / Keokuk County / Webster / Zip Codes
Webster, IA is a small city located in the midwestern United States. It has a population of about 1,400 people and is known for its affordable housing costs. The average rent for a two bedroom apartment is $790 compared to the national average of $1,430. Additionally, the grocery cost index in Webster is 92 compared to 100 in the US, making it an even more attractive option for potential renters. There are many local businesses that call Webster home such as Stine Pharmacy, which has been in business since 1952 and offers a wide variety of products and services. Other local companies include The Greenhouse Nursery & Garden Center, K&K Drywall & Painting LLC, Black Sheep Antiques & Collectibles, and Red's Towing & Automotive Service.

Webster has an unemployment rate of 4.8%. The US average is 6.0%.

Webster has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 16.1%, which is lower than the US average of 33.5%.

Tax Rates for Webster
- The Sales Tax Rate for Webster is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Webster 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 Webster
- The average income of a Webster resident is $17,463 a year. The US average is $28,555 a year.
- The Median household income of a Webster resident is $41,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWebster, IowaUnited States
  4.86
  -4.5%-6.2%
  16.1%33.5%
  7.0%6.2%
  7.4%4.6%
  $20,970$37,638
  $41,250$69,021
  $63,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.9%6.8%
  24.5%10.0%
  1.9%2.5%
  20.8%11.0%
  0.0%4.8%
  0.0%0.8%
  1.9%1.9%
  1.9%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  5.7%4.2%
  7.5%9.3%
  18.9%14.0%
  0.0%2.1%
  11.3%7.0%
  0.0%4.8%
  3.8%4.7%
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