Patterson, IA is a small city located in the Midwest offering a variety of amenities to its residents. It is known for being an affordable place to live, with 2 bedroom rent coming in at an average of $1,080 compared to the national average of $1,430. This affordability continues into other aspects of living such as grocery costs which are 92 compared to the national average of 100. There are many local companies that contribute to this affordability such as the Patterson Community Garden, Four Oaks Bank, and Family Dollar Store. All of these businesses work together to make Patterson an ideal place for anyone looking for an affordable lifestyle in a charming Midwestern town.
Patterson has an unemployment rate of 5.0%. The US average is 6.0%.
Patterson has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 32.1%, which is lower than the US average of 33.5%.
Tax Rates for Patterson
- The Sales Tax Rate for Patterson is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Patterson 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 Patterson
- The average income of a Patterson resident is $30,353 a year. The US average is $37,638 a year.
- The Median household income of a Patterson resident is $52,353 a year. The US average is $69,021 a year.