Rinard, IA is a small town located in the Midwest region of the United States. The town is well-known for its low cost of living which is ideal for young professionals and retirees alike. The average two-bedroom rent in Rinard is only $730 compared to the national average of $1,430, and the Grocery Cost Index in Rinard is 91 versus 100 nationally. \nThe small town also has a wide variety of local businesses including pharmacies, restaurants, convenience stores, banks and more. Some notable companies include Rinard Food Mart, First State Bank of Rinard and S’s Restaurant & Catering.In addition to being an affordable place to live and work, Rinard also offers plenty of outdoor activities with trails for walking and biking as well as nearby parks like Little Sioux Park and Holt County Park.
Rinard has an unemployment rate of 3.7%. The US average is 6.0%.
Rinard has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 18.4%, which is lower than the US average of 33.5%.
Tax Rates for Rinard
- The Sales Tax Rate for Rinard is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rinard 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 Rinard
- The average income of a Rinard resident is $24,846 a year. The US average is $37,638 a year.
- The Median household income of a Rinard resident is $0 a year. The US average is $69,021 a year.