Ida Grove, IA is a small town located in the northwest corner of Iowa with a population just over 1,400. Despite being a relatively small area, Ida Grove has several local companies that help to make up its vibrant economy. These businesses include Hy-Vee, Subway, and North West Bank. Additionally, the cost of living in Ida Grove is significantly lower than the average US cost of living. For example, 2 bedroom rent in Ida Grove is $790 while it is $1,430 on average throughout the county. Similarly, grocery costs index in Ida Grove is 94 compared to an average of 100 throughout the US. This makes Ida Grove an attractive option for those looking for an affordable cost of living without compromising quality of life.
Ida Grove has an unemployment rate of 3.8%. The US average is 6.0%.
Ida Grove has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.
Tax Rates for Ida Grove
- The Sales Tax Rate for Ida Grove is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ida Grove 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 Ida Grove
- The average income of a Ida Grove resident is $24,520 a year. The US average is $28,555 a year.
- The Median household income of a Ida Grove resident is $57,125 a year. The US average is $69,021 a year.