Crescent, IA is a city located in the state of Iowa. It is a relatively small city with a population of about 1,500 people. The average two bedroom rent in Crescent, IA is $1,580 compared to the US average two bedroom rent which sits at $1,430. Local companies that can be found in Crescent include a grocery store and some small businesses. The Grocery Cost Index in Crescent, IA is 99 versus 100 in the US, indicating that costs of food are slightly lower than the national average. Despite the higher two bedroom rent in Crescent compared to the national average, overall it still has a lower cost of living than most places across the US.
Crescent has an unemployment rate of 4.3%. The US average is 6.0%.
Crescent has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.
Tax Rates for Crescent
- The Sales Tax Rate for Crescent is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Crescent 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 Crescent
- The average income of a Crescent resident is $30,124 a year. The US average is $28,555 a year.
- The Median household income of a Crescent resident is $98,750 a year. The US average is $69,021 a year.