Greenville, IA is a small town with a population of 1,200 people. It offers residents a peaceful atmosphere with plenty of businesses to explore. The town has several local companies such as Kent's Garden Center and Yoder Electronics that provide jobs for its residents. The cost of living in Greenville is lower than the average US city, especially when it comes to rent. 2 Bedroom rent in Greenville is only $810 compared to the US average of $1,430 and their grocery cost index is 94 versus 100 in the US. Overall, Greenville offers its residents a lower-than-average cost of living with plenty of local businesses to explore and job opportunities.
Greenville has an unemployment rate of 4.0%. The US average is 6.0%.
Greenville has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.
Tax Rates for Greenville
- The Sales Tax Rate for Greenville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Greenville 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 Greenville
- The average income of a Greenville resident is $18,344 a year. The US average is $28,555 a year.
- The Median household income of a Greenville resident is $39,750 a year. The US average is $69,021 a year.