Seymour, IA is a small town located in Wayne County. Despite its size, it offers residents a variety of local businesses and services. Popular establishments include Baxter's Bakery, Kwik Shop Gas Station, Seymour State Bank, and Little Creek Manor. The cost of living in Seymour is relatively low compared to other parts of Iowa and the US. For example, the average two bedroom rent in Seymour is $790 while the US average for two bedrooms is $1,430. Additionally, grocery costs have an index value of 92 as opposed to 100 in the US. This makes it very attractive for people looking for an affordable place to live without sacrificing amenities.
Seymour has an unemployment rate of 3.6%. The US average is 6.0%.
Seymour has seen the job market decrease by -4.2% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Seymour
- The Sales Tax Rate for Seymour is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Seymour 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 Seymour
- The average income of a Seymour resident is $24,005 a year. The US average is $37,638 a year.
- The Median household income of a Seymour resident is $39,702 a year. The US average is $69,021 a year.