Central City, IA is an affordable place to live with an average two bedroom rent of $790 compared to the US average of $1,430. It also has a low grocery cost index of 97 versus 100 in the US. There are plenty of local businesses in the area such as FMC Ice Sports, a recreational ice skating facility, The Ugly Mug coffee shop, and All Smiles Dental Clinic. Residents can also enjoy nearby attractions like The Big Creek State Park and the Hamilton County Historical Museum. With its affordable housing costs and plenty of business opportunities and attractions, Central City is a great place to live.
Central City has an unemployment rate of 5.3%. The US average is 6.0%.
Central City has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.
Tax Rates for Central City
- The Sales Tax Rate for Central City is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Central City 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 Central City
- The average income of a Central City resident is $24,240 a year. The US average is $28,555 a year.
- The Median household income of a Central City resident is $74,444 a year. The US average is $69,021 a year.