Green Mountain, IA is a great place to live for those who are looking for affordable rent and cost of living. It has an average 2 bedroom rent of $810, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index (GCI) in Green Mountain is 93 compared to the US GCI of 100. This means that groceries here are cheaper than most other places in the US.
The city also offers plenty of opportunities for employment with numerous local businesses such as Green Mountain Bank, Green Mountain Health Care Center, and Green Mountain Electric Company. There is also a vibrant arts and culture scene with the Little River Arts Center, offering free classes in everything from pottery to photography.
Green Mountain has an unemployment rate of 7.8%. The US average is 6.0%.
Green Mountain 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 Green Mountain
- The Sales Tax Rate for Green Mountain is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Green Mountain 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 Green Mountain
- The average income of a Green Mountain resident is $28,337 a year. The US average is $28,555 a year.
- The Median household income of a Green Mountain resident is $47,159 a year. The US average is $69,021 a year.