Defiance, IA Economy


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United States / Iowa / No Metro Area / Shelby County / Defiance / Zip Codes
Defiance, IA is a small town located in eastern Iowa. It is an attractive place to live for its low costs of living, with a two-bedroom rent of only $820 compared to the US average of $1,430, and a Grocery Cost Index of 94 versus 100 in the US. Although small, the city has plenty to offer. There are several local companies like Defiance Printing Services, which provides printing services throughout the area; Burger Boyz Burger Bar and Café, serving up unique flavors of gourmet burgers; and Stillwater Farm Market & Greenhouse offering locally grown produce from local farms.

Defiance has an unemployment rate of 3.5%. The US average is 6.0%.

Defiance has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 16.4%, which is lower than the US average of 33.5%.

Tax Rates for Defiance
- The Sales Tax Rate for Defiance is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Defiance 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 Defiance
- The average income of a Defiance resident is $19,937 a year. The US average is $28,555 a year.
- The Median household income of a Defiance resident is $46,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDefiance, IowaUnited States
  3.56
  -7.6%-6.2%
  16.4%33.5%
  7.0%6.2%
  7.4%4.6%
  $30,226$37,638
  $46,875$69,021
  $61,875$85,028
  Population by Occupation
  4.2%1.2%
  0.0%0.5%
  6.7%6.8%
  14.3%10.0%
  1.7%2.5%
  10.1%11.0%
  16.8%4.8%
  4.2%0.8%
  1.7%1.9%
  7.6%4.7%
  0.0%1.9%
  6.7%7.6%
  0.0%0.1%
  7.6%4.2%
  1.7%9.3%
  8.4%14.0%
  0.0%2.1%
  3.4%7.0%
  5.0%4.8%
  0.0%4.7%
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