Bagley, IA Economy


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Bagley, IA is a small town located in central Iowa. It offers affordable housing with a 2 bedroom rent costing only $850 compared to the US average of $1,430. Groceries are also relatively inexpensive as Bagley's Grocery Cost Index is 93 while the US index is 100. The town boasts a variety of local companies including Bagley Automotive, Bagley Electricians, and Bagley Plumbing Services. Other local businesses include Fawn Creek Farms Dairy, Hageman's Equipment Repair, and McBride's Bakery. With its low cost of living and wide selection of local shops, Bagley is an ideal place to live.

Bagley has an unemployment rate of 4.4%. The US average is 6.0%.

Bagley has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.

Tax Rates for Bagley
- The Sales Tax Rate for Bagley is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Bagley 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 Bagley
- The average income of a Bagley resident is $16,199 a year. The US average is $28,555 a year.
- The Median household income of a Bagley resident is $44,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBagley, IowaUnited States
  4.46
  -6.0%-6.2%
  28.8%33.5%
  7.0%6.2%
  7.4%4.6%
  $23,456$37,638
  $44,000$69,021
  $58,125$85,028
  Population by Occupation
  4.0%1.2%
  0.0%0.5%
  5.0%6.8%
  12.0%10.0%
  0.0%2.5%
  20.0%11.0%
  17.0%4.8%
  0.0%0.8%
  1.0%1.9%
  0.0%4.7%
  0.0%1.9%
  2.0%7.6%
  0.0%0.1%
  1.0%4.2%
  2.0%9.3%
  12.0%14.0%
  4.0%2.1%
  2.0%7.0%
  3.0%4.8%
  15.0%4.7%
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