Martelle, IA is a small town located in Iowa with an estimated population of 1,000. The rental prices for two-bedroom apartments here are much more affordable than the national average at $770 per month compared to $1,430. Additionally, according to the Grocery Cost Index, the cost of groceries in Martelle is lower than the US average at 96 versus 100. This makes Martelle an attractive destination for those looking for affordability without sacrificing quality of life. It is home to several local businesses like JKL Auto Parts, Fung's Chinese Restaurant, and Wilson's Grocery Store. With its low cost of living and comfortable lifestyle, Martelle is an ideal place to live for anyone looking for a quiet and affordable community.
Martelle has an unemployment rate of 5.3%. The US average is 6.0%.
Martelle has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Martelle
- The Sales Tax Rate for Martelle is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Martelle 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 Martelle
- The average income of a Martelle resident is $25,021 a year. The US average is $28,555 a year.
- The Median household income of a Martelle resident is $88,438 a year. The US average is $69,021 a year.