Beaverdale, IA is a great place to live for those looking for an affordable place to call home without compromising on quality of life. The two bedroom rent in Beaverdale is much lower than the US average at $960 compared to $1,430. Additionally, the Grocery Cost Index in Beaverdale is 94 versus 100 in the US, furthering reducing the cost of living for residents of Beaverdale.
The city offers a variety of local companies such as Drake University, Capital City Fruit Company, and U-Haul Neighborhood Dealer that provide jobs and services to its local population. With its affordable housing and grocery options along with its numerous employment opportunities, it's easy to see why Beaverdale is becoming known as an ideal place to live for many families.
Beaverdale has an unemployment rate of 6.0%. The US average is 6.0%.
Beaverdale has seen the job market decrease by -8.3% 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 Beaverdale
- The Sales Tax Rate for Beaverdale is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Beaverdale 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 Beaverdale
- The average income of a Beaverdale resident is $38,508 a year. The US average is $37,638 a year.
- The Median household income of a Beaverdale resident is $68,631 a year. The US average is $69,021 a year.