Varina, IA is an attractive area to live with its low rent costs and reasonable grocery prices. With a two bedroom apartment only costing around $700 per month, it's no wonder that more people are choosing to settle down here. In addition to the low rent prices, Varina also boasts a lower than average Grocery Cost Index when compared to the US. Locals can find a variety of businesses in Varina including Johnson's Hardware, G&S Appliances Store & Repair Service, and Lomax Insurance Agency. All in all, the cost of living in Varina is very affordable making it an ideal place for those looking for financial stability.
Varina has an unemployment rate of 3.3%. The US average is 6.0%.
Varina has seen the job market decrease by -8.7% over the last year. Future job growth over the next ten years is predicted to be 19.6%, which is lower than the US average of 33.5%.
Tax Rates for Varina
- The Sales Tax Rate for Varina is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Varina 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 Varina
- The average income of a Varina resident is $28,352 a year. The US average is $37,638 a year.
- The Median household income of a Varina resident is $0 a year. The US average is $69,021 a year.