Clarence, IA is a small city situated in the state of Iowa. It has a population of 890 and is known for its friendly atmosphere. Rent for 2 bedrooms is around $820, which is lower than the average cost in the U.S., making it an attractive option for people looking to move to the area. The grocery cost index in Clarence is 93 compared to 100 in the U.S., making groceries more affordable as well. Local businesses that can be found in Clarence include Dave's Appliance Repair, Mowery's Auto Service, and Wilcox Hardware & Supply Co. Those interested in moving to Clarence will find it to be an affordable place with plenty of activities and amenities available.
Clarence has an unemployment rate of 4.1%. The US average is 6.0%.
Clarence has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Clarence
- The Sales Tax Rate for Clarence is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Clarence 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 Clarence
- The average income of a Clarence resident is $26,146 a year. The US average is $28,555 a year.
- The Median household income of a Clarence resident is $61,012 a year. The US average is $69,021 a year.