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 decrease by -4.0% 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 $29,344 a year. The US average is $37,638 a year.
- The Median household income of a Beacon resident is $48,056 a year. The US average is $69,021 a year.