Essex, IA is a small city located in Warren County with approximately 1,500 residents. The cost of living is very reasonable with 2 bedroom rent costing around $790 and the Grocery Cost Index being 93 compared to the US index of 100. Residents of Essex have access to local businesses such as Hy-Vee, Cenex and Breadeaux Pizza for their needs. In addition, there are several restaurants, churches and places to enjoy outdoor activities in the area. With its affordable cost of living and quality amenities, it's easy to see why people choose to live in Essex.
Essex has an unemployment rate of 4.0%. The US average is 6.0%.
Essex has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 14.8%, which is lower than the US average of 33.5%.
Tax Rates for Essex
- The Sales Tax Rate for Essex is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Essex 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 Essex
- The average income of a Essex resident is $23,991 a year. The US average is $28,555 a year.
- The Median household income of a Essex resident is $46,458 a year. The US average is $69,021 a year.