Wyoming, IA is a small town located in Jones County. The cost of living in Wyoming, IA is lower than the US average, with 2 Bedroom rent being $770 compared to the US average of $1,430. Additionally, grocery cost index is 93 versus 100 in the US. Local companies such as Tait’s Finishing Shop and J&K Feeds are important contributors to the local economy. Tait’s Finishing Shop provides custom woodwork services and products while J&K Feeds offers feed products for animals on nearby farms. These two companies have been providing quality services for generations and are well-respected by their local community.
Wyoming has an unemployment rate of 5.3%. The US average is 6.0%.
Wyoming has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Wyoming
- The Sales Tax Rate for Wyoming is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wyoming 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 Wyoming
- The average income of a Wyoming resident is $26,917 a year. The US average is $28,555 a year.
- The Median household income of a Wyoming resident is $52,813 a year. The US average is $69,021 a year.