Alvord, IA is a small town located in the Midwest, near Sioux City. It is known for its quiet rural atmosphere and low cost of living. Two bedroom rentals average $800 a month, which is about half the US average of $1,430. The Grocery Cost Index in Alvord is 92 versus 100 in the US, making groceries relatively inexpensive. The town has a number of local businesses such as M&M Auto Repair and A-Plus Supermarket. Healthcare facilities and local banks are also found in Alvord, allowing residents to receive the services they need without having to travel too far away from their homes.
Alvord has an unemployment rate of 2.7%. The US average is 6.0%.
Alvord has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Alvord
- The Sales Tax Rate for Alvord is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Alvord 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 Alvord
- The average income of a Alvord resident is $22,847 a year. The US average is $28,555 a year.
- The Median household income of a Alvord resident is $64,792 a year. The US average is $69,021 a year.