Iola, KS is a small town located in the Midwest. It is a great place to live due to its low cost of living and access to important amenities. The average two bedroom rent in Iola is just $720, which is significantly less than the US average of $1,430. The grocery cost index in Iola is also relatively low at 92 compared to 100 for the United States as a whole.
Iola boasts many local businesses, including Allen County Regional Hospital, C&D Lighting & Electrical Supply, Martin Automotive Group, and Fox's Pizza Den. These organizations offer essential services and support to local residents. Additionally, there are numerous small shops that support the community by providing necessary goods and services to the area.
Iola has an unemployment rate of 3.6%. The US average is 6.0%.
Iola has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.
Tax Rates for Iola
- The Sales Tax Rate for Iola is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Iola is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Iola
- The average income of a Iola resident is $17,668 a year. The US average is $28,555 a year.
- The Median household income of a Iola resident is $41,563 a year. The US average is $69,021 a year.