College Springs, IA is a small town located in the heart of Iowa. With an affordable rent average of $710 for a two bedroom, College Springs is an ideal place to live for individuals and families looking for a peaceful and cost-effective environment. The local grocery cost index of 90 versus 100 in the US also makes it a great place to save money. There are many local businesses in the area such as Oh My Goodness Bakery, which serves delicious homemade treats, Hawkeye Construction & Contracting which offers services to local homeowners, and College Springs Auto Repair which provides quality repair work on cars and trucks. All these businesses make College Springs an appealing home.
College Springs has an unemployment rate of 4.0%. The US average is 6.0%.
College Springs has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 14.8%, which is lower than the US average of 33.5%.
Tax Rates for College Springs
- The Sales Tax Rate for College Springs is 7.0%. The US average is 7.3%.
- The Income Tax Rate for College Springs 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 College Springs
- The average income of a College Springs resident is $14,364 a year. The US average is $28,555 a year.
- The Median household income of a College Springs resident is $43,750 a year. The US average is $69,021 a year.