Radcliffe, IA Economy


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United States / Iowa / No Metro Area / Hardin County / Radcliffe / Zip Codes
Radcliffe, IA is a small rural town located in Iowa. It has a population of around 500 residents and is the perfect place for those looking for a quiet, friendly community with plenty of outdoor activities. The cost of living in Radcliffe, IA is quite reasonable when compared to other parts of the United States. The average two bedroom rent stands at $1,050 which is significantly lower than the US average of $1,430. Additionally, the local grocery cost index stands at 95 versus 100 in the US making food costs much more affordable. Local businesses include Radcliffe Hardware Co., Radcliffe Meat Market, and A To Z Cafe & Bakery while some notable organizations are Radcliffe Lions Club and Radcliffe Historical Society.

Radcliffe has an unemployment rate of 4.5%. The US average is 6.0%.

Radcliffe has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 16.2%, which is lower than the US average of 33.5%.

Tax Rates for Radcliffe
- The Sales Tax Rate for Radcliffe is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Radcliffe 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 Radcliffe
- The average income of a Radcliffe resident is $25,474 a year. The US average is $28,555 a year.
- The Median household income of a Radcliffe resident is $62,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRadcliffe, IowaUnited States
  4.56
  -6.7%-6.2%
  16.2%33.5%
  7.0%6.2%
  7.4%4.6%
  $30,738$37,638
  $62,500$69,021
  $78,750$85,028
  Population by Occupation
  18.8%1.2%
  0.0%0.5%
  14.3%6.8%
  9.4%10.0%
  4.1%2.5%
  3.8%11.0%
  11.7%4.8%
  0.0%0.8%
  0.8%1.9%
  4.5%4.7%
  0.0%1.9%
  3.0%7.6%
  1.1%0.1%
  1.9%4.2%
  8.6%9.3%
  9.4%14.0%
  0.0%2.1%
  2.3%7.0%
  4.5%4.8%
  1.9%4.7%
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