Logan, IA is a small town located in the Midwest with a population of around 2,600 people. It is known for its affordable rent and cost of living. The average two bedroom rent in Logan is only $870 compared to the US average of $1,430. The Grocery Cost Index in Logan is 95 compared to 100 in the US. This indicates that groceries are relatively inexpensive when compared to other parts of the country. Along with these benefits come local businesses such as the Jasmine Thai Restaurant which offers delicious Thai food and Krabbenhoft Jewelers which specializes in custom jewelry design. These local businesses add character to Logan and give residents access to unique goods and services not found elsewhere.
Logan has an unemployment rate of 3.9%. The US average is 6.0%.
Logan has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.
Tax Rates for Logan
- The Sales Tax Rate for Logan is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Logan 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 Logan
- The average income of a Logan resident is $21,807 a year. The US average is $28,555 a year.
- The Median household income of a Logan resident is $70,855 a year. The US average is $69,021 a year.