Allerton, IA is a small town located in southern Iowa. It is known for its friendly people and close-knit community. With a population of less than 500 people, this town offers a cozy atmosphere for those who live there. The cost of living in Allerton, IA is quite low compared to the national average. A two bedroom apartment rents for approximately $780, much less than the national rate of $1,430. The grocery cost index is also lower at 93 compared to 100 in the US. Local companies in Allerton include Allerton Feed & Grain Co., Allerton Veterinary Clinic, and B&H Auto Parts & Service LLC. With its affordability and small-town charm, Allerton is an attractive place to live for those looking for an affordable and peaceful lifestyle.
Allerton has an unemployment rate of 3.6%. The US average is 6.0%.
Allerton 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 Allerton
- The Sales Tax Rate for Allerton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Allerton 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 Allerton
- The average income of a Allerton resident is $19,490 a year. The US average is $37,638 a year.
- The Median household income of a Allerton resident is $41,250 a year. The US average is $69,021 a year.