Rose Hill, IA Economy


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Rose Hill, IA is a small town located in the state of Iowa. This area is known for its affordable housing and low cost of living. With a two bedroom rent of just $810, it is one of the most budget friendly places to live in Iowa. There are several local companies that offer employment opportunities to residents, including Rose Hill Manufacturing and Cedar Rapids Dairy Co-Op. The local job market offers competitive wages and diverse job positions in industries such as manufacturing, agriculture, retail and healthcare. Additionally, businesses such as restaurants and cafes provide short-term employment opportunities for those looking to supplement their income. With its low cost of living, great schools and plenty of job prospects, Rose Hill is an ideal place to live or work.

Rose Hill has an unemployment rate of 3.9%. The US average is 6.0%.

Rose Hill has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.

Tax Rates for Rose Hill
- The Sales Tax Rate for Rose Hill is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rose Hill 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 Rose Hill
- The average income of a Rose Hill resident is $15,820 a year. The US average is $28,555 a year.
- The Median household income of a Rose Hill resident is $46,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRose Hill, IowaUnited States
  3.96
  -4.0%-6.2%
  21.3%33.5%
  7.0%6.2%
  7.4%4.6%
  $28,670$37,638
  $46,250$69,021
  $69,643$85,028
  Population by Occupation
  2.5%1.2%
  20.3%0.5%
  1.7%6.8%
  12.7%10.0%
  0.8%2.5%
  0.0%11.0%
  16.9%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.8%4.2%
  2.5%9.3%
  34.7%14.0%
  0.0%2.1%
  4.2%7.0%
  0.0%4.8%
  2.5%4.7%
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