Grand Junction, IA Economy


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United States / Iowa / No Metro Area / Greene County / Grand Junction / Zip Codes
Grand Junction, IA is a small town located in Iowa with a population of approximately 225 people. It is an ideal place for those looking for a relaxing town with an affordable cost of living. The average two bedroom rent in Grand Junction is $880 per month compared to the US average of $1,430. Additionally, the Grocery Cost Index for Grand Junction is 93 versus 100 in the US, making it an affordable place to live. There are several businesses and services within the city including Hawkeye Foods, Family Dollar, St Mary's Catholic Church, Grand Valley Auto Repair and more. Overall, Grand Junction offers a peaceful rural lifestyle with an affordable cost of living that make it an ideal place to settle down.

Grand Junction has an unemployment rate of 3.3%. The US average is 6.0%.

Grand Junction has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 21.8%, which is lower than the US average of 33.5%.

Tax Rates for Grand Junction
- The Sales Tax Rate for Grand Junction is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Grand Junction 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 Grand Junction
- The average income of a Grand Junction resident is $17,758 a year. The US average is $28,555 a year.
- The Median household income of a Grand Junction resident is $43,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrand Junction, IowaUnited States
  3.36
  -4.4%-6.2%
  21.8%33.5%
  7.0%6.2%
  7.4%4.6%
  $23,849$37,638
  $43,750$69,021
  $49,375$85,028
  Population by Occupation
  3.3%1.2%
  0.0%0.5%
  9.5%6.8%
  16.6%10.0%
  1.2%2.5%
  10.1%11.0%
  4.4%4.8%
  0.0%0.8%
  1.5%1.9%
  3.0%4.7%
  0.6%1.9%
  0.9%7.6%
  0.0%0.1%
  5.9%4.2%
  3.3%9.3%
  22.5%14.0%
  4.7%2.1%
  2.1%7.0%
  8.6%4.8%
  2.1%4.7%
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