Burchinal, IA is a small city located in the heart of the state. The city is home to around 5,000 people and offers many local amenities such as banks, restaurants, and shops. Local companies include Burchinal Savings Bank, Millers Grocery Store, and Strout Furniture. The cost of living in Burchinal is lower than that of the U.S. average; 2-bedroom rent in Burchinal is only $810 per month compared to the US average of $1,430 per month. Moreover, the grocery cost index in Burchinal is 93 versus 100 in the US. This city has many leisure activities for its residents such as parks and outdoor recreation areas. All in all, Burchinal provides an affordable option for those looking for a place to live with plenty of local businesses and recreation options.
Burchinal has an unemployment rate of 4.3%. The US average is 6.0%.
Burchinal 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 32.3%, which is lower than the US average of 33.5%.
Tax Rates for Burchinal
- The Sales Tax Rate for Burchinal is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Burchinal 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 Burchinal
- The average income of a Burchinal resident is $34,967 a year. The US average is $37,638 a year.
- The Median household income of a Burchinal resident is $0 a year. The US average is $69,021 a year.