Washington, IA is a small town located in the Eastern part of the state. It is an economical place to live, with 2 bedroom rent being around $970, which is lower than the US average at $1,430. Additionally, grocery cost index in Washington is 95 versus 100 in the US, providing residents with more savings. \nThe town has plenty of activities and attractions to offer its citizens. There are several parks to explore as well as local shops and restaurants. Some of the prominent businesses in Washington are Northside Café, The Corner Bar & Grill, and The Country Store. If you're looking for a relaxing getaway from city life that won't break your budget, Washington might be just the right place for you!
Washington has an unemployment rate of 4.2%. The US average is 6.0%.
Washington has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Washington
- The Sales Tax Rate for Washington is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Washington 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 Washington
- The average income of a Washington resident is $28,781 a year. The US average is $37,638 a year.
- The Median household income of a Washington resident is $55,757 a year. The US average is $69,021 a year.