Farley, IA is a small town located in the Midwest. It has a population of approximately 8,500 and is known for its affordable lifestyle. The city offers residents an affordable 2 bedroom rent of $960 which is lower than the US average of $1,430. Furthermore, Farley has a Grocery Cost Index of 97 versus 100 in the US. This means that Farley is an economical place to live compared to many other places in the country. Some popular local companies include Farley Wholesale Supply, Beehler Auto Group and Fox Feed Mill & Hardware Store.
Farley has an unemployment rate of 4.8%. The US average is 6.0%.
Farley 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 Farley
- The Sales Tax Rate for Farley is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Farley 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 Farley
- The average income of a Farley resident is $32,703 a year. The US average is $28,555 a year.
- The Median household income of a Farley resident is $81,736 a year. The US average is $69,021 a year.