Quimby, IA Economy


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United States / Iowa / No Metro Area / Cherokee County / Quimby / Zip Codes
Quimby, IA is a small rural town located in the northwestern part of the state. The town is home to several local companies, including Quimby Dairies, which has been serving the area since 1922. Other businesses include Quimby Woodworks, a family-owned business that specializes in custom furniture and cabinetry; Quimby Feed and Seed Store; and Quimby Hardware Store. The community also enjoys an array of recreational activities such as hiking trails, fishing spots, and nearby scenic lakes. The cost of living in Quimby is fairly low when compared to other areas in the US – rent for a two bedroom apartment averages at $820 per month while grocery costs are about 10% lower than the national average. All in all, Quimby is a friendly and affordable place with plenty of opportunities to enjoy nature and get involved with local businesses.

Quimby has an unemployment rate of 3.9%. The US average is 6.0%.

Quimby has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.

Tax Rates for Quimby
- The Sales Tax Rate for Quimby is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Quimby 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 Quimby
- The average income of a Quimby resident is $18,805 a year. The US average is $28,555 a year.
- The Median household income of a Quimby resident is $54,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyQuimby, IowaUnited States
  3.96
  -1.7%-6.2%
  22.0%33.5%
  7.0%6.2%
  7.4%4.6%
  $27,224$37,638
  $54,125$69,021
  $67,292$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  7.5%6.8%
  17.1%10.0%
  4.0%2.5%
  14.6%11.0%
  2.5%4.8%
  0.0%0.8%
  0.0%1.9%
  3.0%4.7%
  0.0%1.9%
  1.0%7.6%
  0.0%0.1%
  17.1%4.2%
  4.0%9.3%
  16.6%14.0%
  0.0%2.1%
  0.5%7.0%
  6.0%4.8%
  4.5%4.7%
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