Clinton, IA is a small city located in Eastern Iowa. It has a population of around 26,000 and is home to several companies such as the Clinton Herald newspaper, AT&T, and Dairy Queen. Living in Clinton is relatively affordable due to lower than average rent for two bedroom units at only $820 per month compared to the national average of $1,430. Additionally, groceries are more affordable with the Grocery Cost Index at 93 versus 100 in the US. All these factors make life easier and more affordable for those living in Clinton.
Clinton has an unemployment rate of 5.8%. The US average is 6.0%.
Clinton has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.
Tax Rates for Clinton
- The Sales Tax Rate for Clinton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Clinton 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 Clinton
- The average income of a Clinton resident is $29,149 a year. The US average is $37,638 a year.
- The Median household income of a Clinton resident is $50,154 a year. The US average is $69,021 a year.