Ricketts, IA is a small town located in the state of Iowa. It has a population of approximately 600 people, making it a great option for those who want to live in a rural area with plenty of access to outdoor activities and natural beauty. Rent in Ricketts is quite affordable, with two bedroom apartments costing around $700 which is significantly lower than the national average of $1,430. Additionally, grocery costs are also relatively low compared to the US, with an index score of 92 versus 100 in the US overall.
The town has several local businesses including Ricketts Hardware Store, Ricketts Family Pharmacy & Gifts, and Ricketts Pizza. All three have been long-standing staples in the community and offer quality services and products that cater to both locals and visitors. Other small businesses include Lea's Flowers & Gifts, The Rustic Roost Boutique & Salon, and Loeffelholz Insurance Agency. With its friendly atmosphere and affordable living costs, Ricketts is a great place for people looking to settle down or just take a break from life in the big city.
Ricketts has an unemployment rate of 5.8%. The US average is 6.0%.
Ricketts has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 7.4%, which is lower than the US average of 33.5%.
Tax Rates for Ricketts
- The Sales Tax Rate for Ricketts is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ricketts 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 Ricketts
- The average income of a Ricketts resident is $22,781 a year. The US average is $37,638 a year.
- The Median household income of a Ricketts resident is $31,250 a year. The US average is $69,021 a year.