Grand Mound, IA is a small town located in the Eastern part of the state. It is an affordable place to live, with average two bedroom rent at $850 compared to the US average of $1,430. Grocery costs are also lower than the national average with a Grocery Cost Index of 97 versus 100 in the US. Local businesses in Grand Mound include Ackerman IGA, Family Dollar, and Auto Zone. Other services nearby include Big Valley Electric Coop and Grand Mound Veterinary Clinic. With its affordable cost of living and community spirit, Grand Mound is an excellent place to live and work.
Grand Mound has an unemployment rate of 5.5%. The US average is 6.0%.
Grand Mound has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 15.4%, which is lower than the US average of 33.5%.
Tax Rates for Grand Mound
- The Sales Tax Rate for Grand Mound is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Grand Mound 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 Mound
- The average income of a Grand Mound resident is $20,680 a year. The US average is $28,555 a year.
- The Median household income of a Grand Mound resident is $63,750 a year. The US average is $69,021 a year.