Kimballton, IA is a small city situated in the rolling hills of western Iowa. The city has a population of just over 1,000 people and is known for its peaceful atmosphere and family-friendly vibe. Kimballton has a number of local businesses that serve the community such as Wilson's Garage, Kimballton Bakery & Café, and The Country Store. The cost of living in Kimballton is relatively low compared to other parts of the US. For example, rent for a two-bedroom apartment is $710 compared to the national average of $1,430 and grocery costs are also lower as evidenced by a Grocery Cost Index score of 93 versus 100 for the US overall.
Kimballton has an unemployment rate of 3.3%. The US average is 6.0%.
Kimballton has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the US average of 33.5%.
Tax Rates for Kimballton
- The Sales Tax Rate for Kimballton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Kimballton 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 Kimballton
- The average income of a Kimballton resident is $22,626 a year. The US average is $37,638 a year.
- The Median household income of a Kimballton resident is $41,250 a year. The US average is $69,021 a year.