Duncombe, IA is a small town located in Iowa's Webster County. It is home to a variety of local businesses such as the Duncombe Grocery Store, Pickle Creek Outfitters, and D&M Coffee Shop. The cost of living in Duncombe is quite low compared to the US average. Rent for a 2 bedroom apartment is about $780 which is significantly lower than the US average of $1,430. The Grocery Cost Index for Duncombe is 92 versus an index of 100 in the US. This makes it easy for residents to save money on groceries without having to sacrifice quality.
Duncombe has an unemployment rate of 4.7%. The US average is 6.0%.
Duncombe has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 17.7%, which is lower than the US average of 33.5%.
Tax Rates for Duncombe
- The Sales Tax Rate for Duncombe is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Duncombe 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 Duncombe
- The average income of a Duncombe resident is $20,365 a year. The US average is $28,555 a year.
- The Median household income of a Duncombe resident is $56,250 a year. The US average is $69,021 a year.