Coalville, IA Economy


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Coalville, IA is a small town located in Iowa with a population of around 500 people. This quaint and quiet community is known for its affordability when it comes to living costs; 2 bedroom rent in Coalville, IA is $820 compared to the US average of $1,430. Grocery cost index in Coalville, IA is 93 versus the US index of 100. Local companies in Coalville include M&B Towing & Recovery, S&S Logging, Branch Creek Contracting Inc., and C&M Trucking LLC. All these businesses offer great services to residents and visitors alike. Whether you’re looking for affordable housing or quality products from local businesses, Coalville has something for everyone!

Coalville has an unemployment rate of 4.7%. The US average is 6.0%.

Coalville has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 17.7%, which is lower than the US average of 33.5%.

Tax Rates for Coalville
- The Sales Tax Rate for Coalville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Coalville 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 Coalville
- The average income of a Coalville resident is $22,468 a year. The US average is $28,555 a year.
- The Median household income of a Coalville resident is $57,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCoalville, IowaUnited States
  4.76
  -7.3%-6.2%
  17.7%33.5%
  7.0%6.2%
  7.4%4.6%
  $27,133$37,638
  $57,917$69,021
  $82,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.0%6.8%
  12.1%10.0%
  8.6%2.5%
  5.2%11.0%
  10.3%4.8%
  5.6%0.8%
  3.0%1.9%
  0.0%4.7%
  5.6%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  9.1%9.3%
  4.3%14.0%
  0.0%2.1%
  5.6%7.0%
  9.1%4.8%
  18.5%4.7%
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