Keystone, IA Economy


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Keystone, IA is a small community with much to offer. The cost of living is much lower than the U.S average, making it an ideal choice for those looking for affordable rent options. A 2 bedroom home here can be rented for $930 per month, while the national average is $1430. Grocery shopping is also cheaper in Keystone; the Grocery Cost Index here is 95 versus a national average of 100. Local companies such as Joe's Auto Repair and Alice's Diner provide excellent services and delicious food to locals and visitors alike. Keystone is an affordable, yet charming town that offers a great quality of life.

Keystone has an unemployment rate of 5.0%. The US average is 6.0%.

Keystone has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.

Tax Rates for Keystone
- The Sales Tax Rate for Keystone is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Keystone 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 Keystone
- The average income of a Keystone resident is $27,897 a year. The US average is $28,555 a year.
- The Median household income of a Keystone resident is $60,972 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKeystone, IowaUnited States
  56
  -7.5%-6.2%
  24.0%33.5%
  7.0%6.2%
  7.4%4.6%
  $26,749$37,638
  $60,972$69,021
  $70,417$85,028
  Population by Occupation
  3.0%1.2%
  0.7%0.5%
  11.5%6.8%
  11.9%10.0%
  0.7%2.5%
  5.2%11.0%
  5.2%4.8%
  2.6%0.8%
  1.9%1.9%
  6.7%4.7%
  0.4%1.9%
  3.7%7.6%
  0.0%0.1%
  2.6%4.2%
  4.4%9.3%
  24.8%14.0%
  4.1%2.1%
  4.1%7.0%
  3.7%4.8%
  3.0%4.7%
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