Mineola, IA Economy


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Mineola, IA is a small town located in the eastern part of the state. It is a great place for people who are looking for a more relaxed lifestyle. The average two bedroom rent is $1,020, which is significantly lower than the US average of $1,430. The Grocery Cost Index is also lower than the national average at 95 versus 100 in the US. Local companies and attractions include Mineola Country Store and Cafe where locals gather for good food and conversation. Mineola City Park offers great outdoor recreation activities such as basketball, tennis courts and playgrounds. In addition, Lake Odessa State Park offers great camping opportunities with stunning lake views.

Mineola has an unemployment rate of 3.5%. The US average is 6.0%.

Mineola has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 28.9%, which is lower than the US average of 33.5%.

Tax Rates for Mineola
- The Sales Tax Rate for Mineola is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mineola 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 Mineola
- The average income of a Mineola resident is $36,844 a year. The US average is $37,638 a year.
- The Median household income of a Mineola resident is $105,114 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMineola, IowaUnited States
  3.56
  -5.6%-6.2%
  28.9%33.5%
  7.0%6.2%
  7.4%4.6%
  $36,844$37,638
  $105,114$69,021
Family Median Income 85028
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