Britt, IA is a small town located in Hancock County. It is known for its rural charm and friendly atmosphere. The 2 bedroom rent in Britt, IA is much lower than the US average, at $780 versus $1,430. Additionally, the Grocery Cost Index in Britt, IA is 93 compared to 100 nationally. This makes living in Britt more affordable for those on a budget. There are many local businesses in Britt such as The Picket Fence Cafe and The Brickyard Bar & Grill which offer delicious food and drinks to locals and visitors alike. Other popular businesses include the Dairy Queen, J&D Floral Gifts & More, Family Dollar , Country Market and the Hardware Store. For residents of Britt, these shops provide employment opportunities as well as essential services to the community.
Britt has an unemployment rate of 3.8%. The US average is 6.0%.
Britt has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 19.7%, which is lower than the US average of 33.5%.
Tax Rates for Britt
- The Sales Tax Rate for Britt is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Britt 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 Britt
- The average income of a Britt resident is $30,508 a year. The US average is $37,638 a year.
- The Median household income of a Britt resident is $55,300 a year. The US average is $69,021 a year.