Clermont, IA is a small town located in Iowa with many amenities to offer. The cost of living is relatively low in comparison to the national average, with 2 bedroom rental rates at $790 as opposed to the US average of $1,430. Grocery costs are also quite reasonable, coming in at 93 on the Cost Index versus 100 nationally. Locals enjoy numerous local businesses such as Hi-Line Co-op, Ihry Insurance Agency, Clermont Elevator & Supply and J&L Small Engine Repair to name a few. Clermont is a great place to live for anyone seeking a more relaxed and affordable lifestyle than the big city can provide.
Clermont has an unemployment rate of 5.1%. The US average is 6.0%.
Clermont has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 18.4%, which is lower than the US average of 33.5%.
Tax Rates for Clermont
- The Sales Tax Rate for Clermont is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Clermont 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 Clermont
- The average income of a Clermont resident is $33,783 a year. The US average is $37,638 a year.
- The Median household income of a Clermont resident is $65,750 a year. The US average is $69,021 a year.