Maynard, IA is a small rural town located in Fayette County. It is an economically challenged area with an average 2 bedroom rent of $800 compared to the US average of $1,430. The grocery cost index in Maynard is 92 compared to 100 in the US, meaning groceries cost less there. Although small, Maynard boasts several major companies such as Systems Control Technologies Inc., Kohl’s Department Store and Anderson Erickson Dairy. As well as these places of business, visitors can take advantage of the nearby parks for outdoor activities or enjoy a game at the local Bowling Center.
Maynard has an unemployment rate of 5.1%. The US average is 6.0%.
Maynard has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 18.4%, which is lower than the US average of 33.5%.
Tax Rates for Maynard
- The Sales Tax Rate for Maynard is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Maynard 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 Maynard
- The average income of a Maynard resident is $27,064 a year. The US average is $37,638 a year.
- The Median household income of a Maynard resident is $41,429 a year. The US average is $69,021 a year.