Reasnor, IA is an affordable town that offers plenty of amenities. The cost of two-bedroom apartments is just $990, which is much lower than the national average of $1,430. Furthermore, grocery costs in Reasnor are much more affordable when compared to the rest of the nation. This makes living in Reasnor quite attractive for those looking for a budget-friendly place to settle down. In addition to its affordability, Reasnor also offers plenty of businesses and services that make life easier for residents. Businesses such as Hill's Carpet & Flooring Center, John Deere Dealership and Lowery Automotive offer great services to locals. With its low cost of living and convenient amenities, Reasnor is an excellent option for those looking for a good place to live.
Reasnor has an unemployment rate of 4.5%. The US average is 6.0%.
Reasnor has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Reasnor
- The Sales Tax Rate for Reasnor is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Reasnor 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 Reasnor
- The average income of a Reasnor resident is $27,583 a year. The US average is $37,638 a year.
- The Median household income of a Reasnor resident is $55,000 a year. The US average is $69,021 a year.