Durango, IA Economy


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Durango, IA is a small town that offers its residents plenty of peaceful relaxation and community spirit. The 2 bedroom rent rate here is $930, which is significantly lower than the US average of $1,430. This makes Durango a great option for those looking for an affordable place to live. For grocery costs, the index for Durango is 102 versus 100 in the US; while this isn't an incredibly large difference it could still add up over time depending on what you are buying.
Durango contains several unique local attractions such as Gator Jacks Bar & Grill or Durango Depot Museum. Their museums are great places to learn about the history of the area and some of their past industries. If you're looking for something more outdoorsy then why not try one of their many hiking trails such as the nearby Snake Creek Trail?
Living in Durango, IA can be a cheaper option than many other locations around the US making it a great choice for those looking to save money on rent and groceries while still getting to experience a unique part of America.

Durango has an unemployment rate of 4.8%. The US average is 6.0%.

Durango has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.

Tax Rates for Durango
- The Sales Tax Rate for Durango is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Durango 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 Durango
- The average income of a Durango resident is $24,259 a year. The US average is $28,555 a year.
- The Median household income of a Durango resident is $91,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDurango, IowaUnited States
  4.86
  -6.5%-6.2%
  23.6%33.5%
  7.0%6.2%
  7.4%4.6%
  $36,392$37,638
  $91,250$69,021
Family Median Income 85028
Reviews for Durango
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Over 15 years ago

Durango might be small but it has one of the best bed and breakfast places in the area. Quiet Walker Lodge is located on Paradise Valley Road in Durango. It is a  More

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