Earlham, IA is a small town with a population of about 2,000 people. It is located in Madison County and is known for its rural nature and friendly atmosphere. The cost of living in the area is quite low, with the average rent for a two-bedroom apartment being only $980 compared to the national average of $1,430. Moreover, the grocery cost index in Earlham is 97 compared to 100 nationally.
Earlham offers plenty of activities for residents. Local companies such as Earlham Family Harvest Market and Earlham Coop provide goods and services to those in need while local attractions such as Ledges State Park or Jester Park offer recreational activities for both adults and children alike. In addition, Earlham hosts several popular events each year including the annual fair and car show which bring people from all over the county together.
Earlham has an unemployment rate of 5.0%. The US average is 6.0%.
Earlham has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 32.1%, which is lower than the US average of 33.5%.
Tax Rates for Earlham
- The Sales Tax Rate for Earlham is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Earlham 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 Earlham
- The average income of a Earlham resident is $24,122 a year. The US average is $28,555 a year.
- The Median household income of a Earlham resident is $99,519 a year. The US average is $69,021 a year.