Clearfield, IA Economy


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United States / Iowa / No Metro Area / Taylor County / Clearfield / Zip Codes
Clearfield, IA is a small city located in the Midwest region of the United States. It is known for its lush and green landscape and beautiful views of the surrounding countryside. The cost of living in Clearfield is quite affordable compared to other towns in the area due to its relatively low rent prices. For those looking to rent an apartment or house, 2 bedroom rents are just $710 a month, significantly lower than the US average for such dwellings which is $1,430. Additionally, grocery costs are also quite low with an index rating of 92 compared to 100 in the US.
Clearfield offers many amenities for residents and visitors alike including a local library, community center, and several parks. Numerous businesses operate in town from small family-owned restaurants to larger companies like Tractor Supply Co., Petco, and Dollar Tree. Residents are able to find employment opportunities from these businesses as well as others located nearby.

Clearfield has an unemployment rate of 3.3%. The US average is 6.0%.

Clearfield 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 29.6%, which is lower than the US average of 33.5%.

Tax Rates for Clearfield
- The Sales Tax Rate for Clearfield is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Clearfield 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 Clearfield
- The average income of a Clearfield resident is $19,057 a year. The US average is $28,555 a year.
- The Median household income of a Clearfield resident is $41,932 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClearfield, IowaUnited States
  3.36
  -6.5%-6.2%
  29.6%33.5%
  7.0%6.2%
  7.4%4.6%
  $22,430$37,638
  $41,932$69,021
  $49,861$85,028
  Population by Occupation
  7.4%1.2%
  0.0%0.5%
  19.6%6.8%
  27.7%10.0%
  3.4%2.5%
  4.7%11.0%
  2.0%4.8%
  2.0%0.8%
  0.0%1.9%
  1.4%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  2.7%4.2%
  1.4%9.3%
  16.2%14.0%
  1.4%2.1%
  2.0%7.0%
  6.1%4.8%
  2.0%4.7%
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