Blue Grass, IA is a small city located in southwestern Iowa. It has a population of approximately 1,500 people and offers a variety of amenities such as grocery stores, restaurants, and local businesses. Rent for two-bedroom apartments in Blue Grass is $990 where as the US average rent for two-bedroom apartments is $1,430; making Blue Grass extremely affordable when it comes to housing costs. The Grocery Cost Index in Blue Grass and the US are both 100; indicating that groceries remain at similar prices among both locations. There are several well established companies in Blue Grass such as Hy-Vee, Dollar General, Casey’s General Store, and more that offer goods at competitive prices. Comparably speaking, the cost of living in Blue Grass is more affordable than other areas in the United States making it an attractive place to live.
Blue Grass has an unemployment rate of 5.4%. The US average is 6.0%.
Blue Grass has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Blue Grass
- The Sales Tax Rate for Blue Grass is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Blue Grass 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 Blue Grass
- The average income of a Blue Grass resident is $29,086 a year. The US average is $28,555 a year.
- The Median household income of a Blue Grass resident is $71,339 a year. The US average is $69,021 a year.