Woodward, IA is a charming small town located in the Midwest. It offers an affordable cost of living with a two bedroom rent rate of $950 per month compared to the US average of $1,430. Grocery costs also tend to be lower than the national average, with Woodward's index score at 96 compared to 100 in the US. Residents here enjoy easy access to nearby Des Moines and its many amenities while still maintaining a relaxed rural lifestyle. Popular local businesses include Hy-Vee supermarket, Mark’s Outdoor Sports, and Woodward Hardware.
Woodward has an unemployment rate of 3.0%. The US average is 6.0%.
Woodward has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 45.2%, which is higher than the US average of 33.5%.
Tax Rates for Woodward
- The Sales Tax Rate for Woodward is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Woodward 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 Woodward
- The average income of a Woodward resident is $21,304 a year. The US average is $28,555 a year.
- The Median household income of a Woodward resident is $61,667 a year. The US average is $69,021 a year.