Mystic, IA is a small town located in Appanoose County with a population of 217 people. The town has many local businesses such as Mystic Hardware, Dy-Tim Trucking, and Schuck Farms that contribute to the local economy. Mystic is an affordable place to live with rents at $730 for two bedrooms and groceries costing around 92 on the index versus 100 in the US. Overall Mystic offers an affordable cost of living while offering its citizens a rural lifestyle close to nature.
Mystic has an unemployment rate of 4.1%. The US average is 6.0%.
Mystic has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.
Tax Rates for Mystic
- The Sales Tax Rate for Mystic is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mystic 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 Mystic
- The average income of a Mystic resident is $20,322 a year. The US average is $37,638 a year.
- The Median household income of a Mystic resident is $42,813 a year. The US average is $69,021 a year.