Ferguson, IA Economy


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Ferguson, IA is a small city located in the Midwest with a population of around 1,400 people. It’s an affordable place to live with 2 bedroom rent at $760 compared to the US average which is $1,430. The Grocery Cost Index in Ferguson is 89 versus 100 in the US. \nThe city has several local businesses, such as Big John's Pizza, which serves up delicious hand-tossed pizza for all occasions. Other businesses include Ferguson Gas Station and The Cowley Pub & Grill for locals who want some great pub food and drinks. \nFerguson is an ideal place to live for those looking for affordability combined with small-town charm. With low rent and cost of groceries, combined with its many local businesses and friendly environment, it makes the perfect spot for those wanting to get away from hustle and bustle of life in larger cities while still having access to plenty of amenities.

Ferguson has an unemployment rate of 7.8%. The US average is 6.0%.

Ferguson has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 10.3%, which is lower than the US average of 33.5%.

Tax Rates for Ferguson
- The Sales Tax Rate for Ferguson is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ferguson 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 Ferguson
- The average income of a Ferguson resident is $25,556 a year. The US average is $28,555 a year.
- The Median household income of a Ferguson resident is $44,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFerguson, IowaUnited States
  7.86
  -5.9%-6.2%
  10.3%33.5%
  7.0%6.2%
  7.4%4.6%
  $21,713$37,638
  $44,167$69,021
  $47,813$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  16.1%6.8%
  9.7%10.0%
  0.0%2.5%
  19.4%11.0%
  3.2%4.8%
  0.0%0.8%
  0.0%1.9%
  3.2%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  9.7%9.3%
  12.9%14.0%
  9.7%2.1%
  3.2%7.0%
  3.2%4.8%
  9.7%4.7%
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