Hospers, IA is a small city located in Sioux County. It has a population of 835 people. It is known for its agricultural industry, with local companies such as K & K Farms, Sioux County Grain Co., and B-Growers Inc. providing employment opportunities for the local population. In comparison to the US average rent price of $1,430 for two bedrooms, Hospers offers an affordable rate of $810 per month. The Grocery Cost Index in Hospers is 94 compared to the national average of 100; this suggests that food costs are slightly lower than average, providing another benefit to living here.
Hospers has an unemployment rate of 3.0%. The US average is 6.0%.
Hospers has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Hospers
- The Sales Tax Rate for Hospers is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hospers 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 Hospers
- The average income of a Hospers resident is $29,691 a year. The US average is $37,638 a year.
- The Median household income of a Hospers resident is $67,019 a year. The US average is $69,021 a year.