Rome, IA Economy


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United States / Iowa / No Metro Area / Henry County / Rome / Zip Codes
Rome, IA is a great place to live for those looking for an economical place to settle down. It has a median 2 bedroom rent of $790, significantly lower than the US average of $1,430. Additionally, groceries in Rome are cheaper with an index of 95 compared to the national average of 100. The city is home to many businesses such as Main Street Cafe & Bakery and Rome Community Theatre. There are also several parks, museums and community events that make living in Rome enjoyable and engaging.

Rome has an unemployment rate of 4.0%. The US average is 6.0%.

Rome has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.

Tax Rates for Rome
- The Sales Tax Rate for Rome is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rome 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 Rome
- The average income of a Rome resident is $17,378 a year. The US average is $37,638 a year.
- The Median household income of a Rome resident is $27,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRome, IowaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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