Blockton, IA is an affordable town with a variety of businesses that make it an ideal place to live. The average 2 bedroom rent in Blockton is $720, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Blockton is 90 compared to 100 nationally. These cost differences make it a great option for those looking to save some money while still having access to necessary services and amenities. Popular local companies in Blockton include Blockton Groceries, Jake's Auto Repair, and Marshall's Bakery. There are also several parks and attractions including Big Foot Park and Main Street Promenade.
Blockton has an unemployment rate of 3.3%. The US average is 6.0%.
Blockton has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Blockton
- The Sales Tax Rate for Blockton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Blockton 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 Blockton
- The average income of a Blockton resident is $30,739 a year. The US average is $37,638 a year.
- The Median household income of a Blockton resident is $67,708 a year. The US average is $69,021 a year.