Kanawha, IA Economy


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United States / Iowa / No Metro Area / Hancock County / Kanawha / Zip Codes
Kanawha, Iowa is a small city located in Hancock County with a population of about 817. It's well known for being particularly affordable compared to the rest of the country; for example, rent for a two bedroom apartment averages at $720 per month, significantly lower than the national average of $1,430. Grocery costs are also lower here compared to the US norm at 91% versus 100%.
Kanawha is known for its close-knit community spirit and welcoming attitude towards newcomers. Local companies such as Kanawha Wholesale Grocers can be found here, along with other businesses like J&M Auto Sales and Driscoll Plumbing & Heating LLC. The local convenience store - The Thirsty Moose - has some of the best ice cream around!
There are plenty of places to explore in Kanawha too! The city features several parks for residents and visitors to enjoy, including Prairie Creek Park and Creekview Park which offer opportunities for hiking and sightseeing. Other attractions in Kanawha include shopping at the Corners Country Store, visiting the historical sites like Indian Mound Cemetery or a drive to witness nearby waterfalls.

Kanawha has an unemployment rate of 3.8%. The US average is 6.0%.

Kanawha has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 19.7%, which is lower than the US average of 33.5%.

Tax Rates for Kanawha
- The Sales Tax Rate for Kanawha is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Kanawha 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 Kanawha
- The average income of a Kanawha resident is $29,956 a year. The US average is $28,555 a year.
- The Median household income of a Kanawha resident is $59,432 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKanawha, IowaUnited States
  3.86
  -5.6%-6.2%
  19.7%33.5%
  7.0%6.2%
  7.4%4.6%
  $27,831$37,638
  $59,432$69,021
  $68,229$85,028
  Population by Occupation
  4.6%1.2%
  4.6%0.5%
  4.6%6.8%
  17.8%10.0%
  4.2%2.5%
  12.1%11.0%
  5.5%4.8%
  1.6%0.8%
  1.6%1.9%
  0.6%4.7%
  0.0%1.9%
  0.8%7.6%
  0.0%0.1%
  0.4%4.2%
  7.7%9.3%
  11.5%14.0%
  0.0%2.1%
  4.2%7.0%
  16.4%4.8%
  2.0%4.7%
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