Columbus Junction, IA is a small town located in the Midwestern United States. It is a great place for people who want to enjoy the small-town life while also being close to larger cities like Cedar Rapids and Iowa City. The cost of living in Columbus Junction, IA is much lower than other parts of the country. Rent for a two bedroom apartment is only $880 compared to the US average of $1,430. Grocery costs are also lower as the grocery cost index in Columbus Junction, IA is 93 compared to 100 in the US.
Columbus Junction has several local businesses that help drive its economy such as M&C Enterprises Inc., Happy Joe’s Pizza & Ice Cream Parlor, and Midwest Iron Works LLC. All these businesses provide employment opportunities for residents of Columbus Junction as well as products and services that make life easier at an affordable price. Overall, living in Columbus Junction can be much more economical than other parts of the country while still providing all necessary amenities.
Columbus Junction has an unemployment rate of 4.6%. The US average is 6.0%.
Columbus Junction has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.
Tax Rates for Columbus Junction
- The Sales Tax Rate for Columbus Junction is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Columbus Junction 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 Columbus Junction
- The average income of a Columbus Junction resident is $17,886 a year. The US average is $28,555 a year.
- The Median household income of a Columbus Junction resident is $55,625 a year. The US average is $69,021 a year.