Linn Grove, IA is a small town situated in Buena Vista country with a population just over 500 people. It is known for its affordability of living and low rent costs. The average 2 bedroom rent in Linn Grove, IA is $830 while the same rent in the US averages to $1,430. Furthermore, its grocery cost index stands at 92 where as the US averages 100. This makes it an ideal place to live for families who are looking for affordable housing and access to basic amenities. There are multiple businesses that thrive in this small town such as Reicks View Farms which offers farm-fresh produce and locally sourced products, Bird Dog Bait and Tackle which sells live bait and fishing supplies, and Village Flower Shoppe for all your floral needs. With the low cost of living, an array of local businesses and a strong sense of community, Linn Grove is a great place to call home!
Linn Grove has an unemployment rate of 3.0%. The US average is 6.0%.
Linn Grove has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Linn Grove
- The Sales Tax Rate for Linn Grove is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Linn Grove 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 Linn Grove
- The average income of a Linn Grove resident is $24,449 a year. The US average is $28,555 a year.
- The Median household income of a Linn Grove resident is $51,250 a year. The US average is $69,021 a year.