Grinnell, IA is a great town to live in for those looking for an affordable place to settle down. The rent for a two bedroom apartment is $930 which is significantly lower than the US average of $1,430. Grocery costs are also much more affordable with Grinnell's index of 96 compared to the US index of 100. For those looking to explore their new home, Grinnell has many attractions worth visiting such as the Grinnell College Museum of Art, Central Park and the small businesses that line 4th Avenue. Additionally, many companies call Grinnell home such as Hy-Vee Grocery Store and Johnson Auto Repair. There are endless opportunities in Grinnell and it truly makes for a wonderful place to live!
Grinnell has an unemployment rate of 4.7%. The US average is 6.0%.
Grinnell has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for Grinnell
- The Sales Tax Rate for Grinnell is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Grinnell 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 Grinnell
- The average income of a Grinnell resident is $24,834 a year. The US average is $28,555 a year.
- The Median household income of a Grinnell resident is $49,045 a year. The US average is $69,021 a year.