Hardy, IA is a small town located in the rural Midwest. It is known for its friendly community atmosphere and low cost of living. The average two bedroom rent in Hardy, IA is only $800 compared to the U.S average of $1,430. This makes Hardy an affordable place to live for families on a budget. In addition to a low rental rate, grocery costs in Hardy are also much lower than the U.S national average. The Grocery Cost Index in Hardy is 92 compared to 100 in the country as a whole.
Hardy has several local businesses that contribute significantly to its economy. These include Arbuckle Brothers Feed & Seed, which offers feed and seed for sale as well as tractor repairs; Rockin' K Farms, which produces and sells eggs and pork; Hardy Furniture & Appliance Store which sells furniture and appliances; and B&R Hauling Services Inc., which provides hauling services for local businesses.
Hardy has an unemployment rate of 3.9%. The US average is 6.0%.
Hardy has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.
Tax Rates for Hardy
- The Sales Tax Rate for Hardy is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hardy 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 Hardy
- The average income of a Hardy resident is $16,941 a year. The US average is $28,555 a year.
- The Median household income of a Hardy resident is $81,250 a year. The US average is $69,021 a year.