Griswold, IA is a small town located in central Iowa that has a population of 1,711 people. This rural area offers its citizens an affordable lifestyle due to its low cost of living. The average 2 bedroom rent in Griswold is $900 compared to $1,430 in the US. The grocery cost index in Griswold is 94 versus 100 in the US. Local businesses in Griswold include restaurants such as L&L Supper Club & Lounge, Big Boar Bar & Grill and Pizza Ranch; retail stores like Harlan Sewing Center; service businesses like Pine River Services; and entertainment venues like Cuba City Arena Theater. All of these local businesses provide their services and products at reasonable prices for locals with low median income levels which makes Griswold an ideal place for those looking for affordable living options.
Griswold has an unemployment rate of 4.1%. The US average is 6.0%.
Griswold has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 15.1%, which is lower than the US average of 33.5%.
Tax Rates for Griswold
- The Sales Tax Rate for Griswold is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Griswold 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 Griswold
- The average income of a Griswold resident is $21,737 a year. The US average is $28,555 a year.
- The Median household income of a Griswold resident is $59,615 a year. The US average is $69,021 a year.