Arispe, IA Economy


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United States / Iowa / No Metro Area / Union County / Arispe / Zip Codes
Arispe, IA is a small town with a population of 310, located in the south central region of Iowa. It is an affordable place to live, as evidenced by the fact that 2 bedroom rent in Arispe is $800 compared to the US average of $1,430. Grocery costs in Arispe are also lower than the US average, coming in at 94 on the cost index versus 100 for the US. The area has many attractions including the Headwaters State Forest, which offers camping and hiking opportunities. Another popular spot is Kiwanis Lake Park where visitors can enjoy swimming and fishing. The local economy is driven by agriculture and manufacturing industries with companies such as Kaleidoscope Industries and Gerber Farms based out of Arispe.

Arispe has an unemployment rate of 4.8%. The US average is 6.0%.

Arispe has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 20.9%, which is lower than the US average of 33.5%.

Tax Rates for Arispe
- The Sales Tax Rate for Arispe is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Arispe 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 Arispe
- The average income of a Arispe resident is $26,467 a year. The US average is $28,555 a year.
- The Median household income of a Arispe resident is $36,563 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyArispe, IowaUnited States
  4.86
  -5.9%-6.2%
  20.9%33.5%
  7.0%6.2%
  7.4%4.6%
  $20,292$37,638
  $36,563$69,021
Family Median Income 85028
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