Cotter, IA is a small town with an estimated population of 887 people. The average rent for a two-bedroom apartment in Cotter is $880, which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Cotter is 93 versus 100 nationally. This indicates that food prices are generally lower than the national average in the area. Cotter also has a variety of local companies such as McAnally's Grocery Store & Catering Company, Bighorn Mobile Home Park and Fancy's Restaurant providing services to its residents. All these factors indicate that Cotter can be an attractive option for those looking to move to a safe and affordable community. The low housing costs and groceries costs make it a great place to live with great benefits for its citizens.
Cotter has an unemployment rate of 4.6%. The US average is 6.0%.
Cotter 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 Cotter
- The Sales Tax Rate for Cotter is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cotter 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 Cotter
- The average income of a Cotter resident is $28,257 a year. The US average is $28,555 a year.
- The Median household income of a Cotter resident is $80,625 a year. The US average is $69,021 a year.