Bradford, IA is a small city located in central Iowa. It is home to around 800 people and provides a peaceful rural atmosphere with easy access to the conveniences of larger cities. The cost of living in Bradford is quite affordable, with 2 bedroom rentals averaging only $800 per month. This compares favorably to the US average of $1430 for similar rentals. Grocery costs are also lower than the national average, making it an attractive place to live for those looking to save money.
Bradford has a few local businesses that provide employment opportunities including Hach Dairy Farm, Bradford’s Grocery Store, and B&B Repair Services. Education is provided by the Bradford Community School District, which consists of 1 public elementary school and 1 public high school. Other local institutions include the Bradford United Methodist Church and the Bradford Lions Club.
Bradford has an unemployment rate of 4.1%. The US average is 6.0%.
Bradford has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Bradford
- The Sales Tax Rate for Bradford is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Bradford 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 Bradford
- The average income of a Bradford resident is $18,734 a year. The US average is $37,638 a year.
- The Median household income of a Bradford resident is $56,548 a year. The US average is $69,021 a year.