Dakota City, IA is a great place to live with an affordable cost of living. The average two bedroom rent in Dakota City is $800 as opposed to the national average of $1,430 for the same. Grocery costs also index lower in Dakota City with 93 versus the US index at 100. There are many great local businesses in Dakota City such as John's Cafe and Pritchard Bakers - both family owned establishments providing excellent service to its customers. Dakota City is a great place to live for those looking for an affordable cost of living without sacrificing quality amenities.
Dakota City has an unemployment rate of 3.9%. The US average is 6.0%.
Dakota City has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.
Tax Rates for Dakota City
- The Sales Tax Rate for Dakota City is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Dakota City 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 Dakota City
- The average income of a Dakota City resident is $28,359 a year. The US average is $37,638 a year.
- The Median household income of a Dakota City resident is $58,942 a year. The US average is $69,021 a year.