Rockwell City, IA is a small city with a population of approximately 1,500 people providing an ideal setting for those who enjoy peaceful and quiet living. It is located in Calhoun County in northwestern Iowa on the banks of Lake Rockwell, making it a great place to relax and unwind while still offering plenty of different entertainment. This small city has many local businesses that offer services such as restaurants, grocery stores, gas stations, banks, and convenience stores. Some of the local companies include Farmers National Bank Rockwell City branch, Dollar General store at Rockwell City, Southside Grill restaurant, Gebken Market grocery store, and ConocoPhillips gas station. With its low 2 bedroom rent at $780 compared to the US average at $1,430 as well as its Grocery Cost index at 93 versus 100 in the US makes this small city an attractive option for those looking for a low cost of living.
Rockwell City has an unemployment rate of 3.7%. The US average is 6.0%.
Rockwell City 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 18.4%, which is lower than the US average of 33.5%.
Tax Rates for Rockwell City
- The Sales Tax Rate for Rockwell City is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rockwell City 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 Rockwell City
- The average income of a Rockwell City resident is $20,947 a year. The US average is $28,555 a year.
- The Median household income of a Rockwell City resident is $47,115 a year. The US average is $69,021 a year.