Redding, IA is a cozy city located in the heart of Iowa. It's known for its small-town charm, friendly locals and low cost of living. The average two bedroom rent in Redding, IA is only $820 per month, significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Redding, IA is 94 compared to 100 on the national level adding to its affordability. Popular local companies include Sousa Ready Mix Concrete Company Inc., Scott Building Systems, and Clyde Brothers Construction Inc. With a reasonable cost of living and thriving businesses, Redding, IA makes a great place to stay and settle down.
Redding has an unemployment rate of 3.2%. The US average is 6.0%.
Redding has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 25.3%, which is lower than the US average of 33.5%.
Tax Rates for Redding
- The Sales Tax Rate for Redding is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Redding 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 Redding
- The average income of a Redding resident is $38,791 a year. The US average is $37,638 a year.
- The Median household income of a Redding resident is $70,208 a year. The US average is $69,021 a year.