Fruitland, IA is a small town located in the heart of Iowa. It is a great place to live with plenty of local businesses and plenty of activities within the community. The cost of living in Fruitland is very affordable with a 2 bedroom rent totaling $770 per month, which is much lower than most other parts of the United States. The Grocery Cost Index in Fruitland is also quite low, being 98 versus 100 in the US, making it an ideal place for those looking for more affordable housing and food options. Amongst the local businesses are Davis Pharmacy, Inc., Fruitland Community Center, and Peterson Motors – all great establishments which contribute to providing a better quality of life for those who live there. In conclusion, Fruitland is an excellent option for those seeking a smaller town experience with a low cost of living.
Fruitland has an unemployment rate of 4.8%. The US average is 6.0%.
Fruitland has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Fruitland
- The Sales Tax Rate for Fruitland is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fruitland 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 Fruitland
- The average income of a Fruitland resident is $24,115 a year. The US average is $28,555 a year.
- The Median household income of a Fruitland resident is $90,313 a year. The US average is $69,021 a year.