Keota, IA is an affordable town in the Midwest that offers a variety of attractions to its locals. The median rent for a two-bedroom apartment is $800, which is significantly lower than the US average at $1,430. The grocery cost index in Keota is also lower than the national rate, making it easier for residents to stretch their budget throughout the month. \nThe local economy is driven by businesses like Kratochvil Construction, Dannen’s True Value Hardware and Keota Farmers Coop Elevator & Supply Co. Residents enjoy visiting these establishments as well as local attractions such as the Keota City Park and Softball Complex and Horseshoe Lake.
Keota has an unemployment rate of 4.8%. The US average is 6.0%.
Keota has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 16.1%, which is lower than the US average of 33.5%.
Tax Rates for Keota
- The Sales Tax Rate for Keota is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Keota 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 Keota
- The average income of a Keota resident is $28,840 a year. The US average is $37,638 a year.
- The Median household income of a Keota resident is $61,250 a year. The US average is $69,021 a year.