Gilbertville, IA is a small town with many amenities for its residents. Despite its size, there are several local businesses in the area such as Green Thumb Nursery and Grover Home Solutions. With two bedroom rent prices at around $780 per month, Gilbertville offers an extremely affordable cost of living compared to the US average of $1,430. On top of that, people living in Gilbertville can save even more on grocery costs due to lower prices which are 96 versus 100 across the entire country. With all these benefits combined, Gilbertville provides a great place to live for those looking for an affordable cost of living.
Gilbertville has an unemployment rate of 4.7%. The US average is 6.0%.
Gilbertville 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 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Gilbertville
- The Sales Tax Rate for Gilbertville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Gilbertville 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 Gilbertville
- The average income of a Gilbertville resident is $27,052 a year. The US average is $28,555 a year.
- The Median household income of a Gilbertville resident is $67,361 a year. The US average is $69,021 a year.