North Washington, IA is a small town located in the northern region of the state. It is home to around 1,400 people and provides a peaceful atmosphere for families and individuals alike. The cost of living in North Washington, IA is quite low compared to the US average with a 2-Bedroom rent being only $780 compared to $1,430 nationwide. Additionally, the Grocery Cost Index rating reflects this cost difference coming in at 94 as opposed to 100 nationally. Some local businesses in North Washington includes Barber's Farm Supply, Fisher Auto Supply Co., and Luellen Pharmacy. These establishments have served residents of North Washington for many years and continue to provide great service to the community.
North Washington has an unemployment rate of 4.1%. The US average is 6.0%.
North Washington has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for North Washington
- The Sales Tax Rate for North Washington is 7.0%. The US average is 7.3%.
- The Income Tax Rate for North Washington 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 North Washington
- The average income of a North Washington resident is $22,052 a year. The US average is $28,555 a year.
- The Median household income of a North Washington resident is $76,250 a year. The US average is $69,021 a year.