Cantril, IA Economy


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United States / Iowa / No Metro Area / Van Buren County / Cantril / Zip Codes
Cantril, IA is a small town located in the southeast corner of the state. It has a population of just over 1,000 people and is home to several local businesses such as Cantril Auto Repair, JB's Grocery Store, Cantril Family Dental Care, and Mestel Electric. The average rent for two-bedroom apartments in Cantril is $820 compared to the national average of $1,430. Furthermore, the cost of groceries in Cantril is 94 compared to 100 in the US. This makes Cantril an affordable option for those looking for lower costs and a homely atmosphere.

Cantril has an unemployment rate of 3.9%. The US average is 6.0%.

Cantril has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 16.4%, which is lower than the US average of 33.5%.

Tax Rates for Cantril
- The Sales Tax Rate for Cantril is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cantril 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 Cantril
- The average income of a Cantril resident is $24,710 a year. The US average is $28,555 a year.
- The Median household income of a Cantril resident is $34,583 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCantril, IowaUnited States
  3.96
  -3.0%-6.2%
  16.4%33.5%
  7.0%6.2%
  7.4%4.6%
  $24,465$37,638
  $34,583$69,021
  $63,750$85,028
  Population by Occupation
  4.7%1.2%
  0.0%0.5%
  2.3%6.8%
  17.2%10.0%
  4.7%2.5%
  20.3%11.0%
  4.7%4.8%
  0.0%0.8%
  19.5%1.9%
  0.0%4.7%
  0.8%1.9%
  7.0%7.6%
  0.0%0.1%
  0.0%4.2%
  3.9%9.3%
  4.7%14.0%
  3.1%2.1%
  0.0%7.0%
  7.0%4.8%
  0.0%4.7%
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