Brandon, Iowa is an idyllic small town located about an hour northwest of Des Moines. It is home to many local businesses such as Smith's Auto Parts and Brandon Car Wash. The cost of living in Brandon is much lower than the national average, with 2 bedroom rents averaging only $880 compared to the U.S. average of $1,430. Additionally, grocery costs in Brandon are 6 points lower than the U.S., with a index score of 94 versus 100 nationally. People living in Brandon enjoy peaceful country living at an affordable price, and locals benefit from strong community spirit bolstered by local businesses like Johnson's Grocery Store and Hensley Lumber Co.
Brandon has an unemployment rate of 4.2%. The US average is 6.0%.
Brandon has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.
Tax Rates for Brandon
- The Sales Tax Rate for Brandon is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Brandon 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 Brandon
- The average income of a Brandon resident is $21,481 a year. The US average is $37,638 a year.
- The Median household income of a Brandon resident is $47,500 a year. The US average is $69,021 a year.