Beacon, IA Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Beacon, IA is a small town located in Greene County with approximately 3,500 people. It is affordable to live here compared to the US, with 2 bedroom rent costing $720 versus $1,430 in the US and a grocery cost index of 94 compared to 100 elsewhere. There are many local businesses that call Beacon home such as Andersons Feed and Seed Co., J&K Trucking LLC, Nolte's Power Equipment Inc., and Schmitt Music. These companies offer great service for customers throughout the region.

Beacon has an unemployment rate of 3.9%. The US average is 6.0%.

Beacon has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.

Tax Rates for Beacon
- The Sales Tax Rate for Beacon is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Beacon 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 Beacon
- The average income of a Beacon resident is $16,278 a year. The US average is $28,555 a year.
- The Median household income of a Beacon resident is $48,056 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBeacon, IowaUnited States
  3.96
  -4.0%-6.2%
  21.3%33.5%
  7.0%6.2%
  7.4%4.6%
  $29,344$37,638
  $48,056$69,021
  $55,000$85,028
  Population by Occupation
  3.4%1.2%
  0.0%0.5%
  15.1%6.8%
  37.2%10.0%
  0.0%2.5%
  11.1%11.0%
  2.0%4.8%
  0.3%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  7.4%4.2%
  2.3%9.3%
  9.7%14.0%
  0.0%2.1%
  3.7%7.0%
  5.4%4.8%
  2.3%4.7%
Health
Compare Beacon, IA
cost of living
Compare food, housing, utilities, and more in Beacon, Iowa to any other city in the US.