Aredale, IA is a great place for those looking to save money on their rent and groceries. The 2 bedroom rent in Aredale is $740 per month, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Aredale is 92 versus 100 in the US. This difference could add up to huge savings over time for local residents. Businesses in Aredale include G&H Industries, an engineering company that produces components for agricultural vehicles; Callanan Industries, a transportation and construction business; and United Equipment Accessories, Inc., a manufacturer of agricultural components and accessories. All three of these companies are well-established players in the industry compared to many other businesses around the country.
Aredale has an unemployment rate of 4.5%. The US average is 6.0%.
Aredale has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 15.7%, which is lower than the US average of 33.5%.
Tax Rates for Aredale
- The Sales Tax Rate for Aredale is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Aredale 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 Aredale
- The average income of a Aredale resident is $30,265 a year. The US average is $37,638 a year.
- The Median household income of a Aredale resident is $27,143 a year. The US average is $69,021 a year.