Jackson Junction, IA is a small town in the US with a population of around 3,000 people. It is considered to be a relatively affordable place to live due to its low rent and grocery costs. The average 2 bedroom rent in Jackson Junction, IA is $850 per month which is significantly lower than the US average of $1,430. Similarly, the Grocery Cost Index in Jackson Junction is 96 compared to the US average of 100. There are several local businesses in Jackson Junction such as K-Mart Supercenter, Main Street Video Store, and Shephard's Pharmacy where residents can purchase goods at competitive prices.
Jackson Junction has an unemployment rate of 5.3%. The US average is 6.0%.
Jackson Junction has seen the job market decrease by -9.8% over the last year. Future job growth over the next ten years is predicted to be 17.4%, which is lower than the US average of 33.5%.
Tax Rates for Jackson Junction
- The Sales Tax Rate for Jackson Junction is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Jackson Junction 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 Jackson Junction
- The average income of a Jackson Junction resident is $44,650 a year. The US average is $37,638 a year.
- The Median household income of a Jackson Junction resident is $0 a year. The US average is $69,021 a year.