Rowan, IA is a rural town with a population of only around 300 people. It is located in the state of Iowa and is known for its peaceful atmosphere and affordability. The 2 Bedroom Rent in Rowan is $730 compared to the US average of $1,430, making it a very affordable place to live. In terms of grocery costs, Rowan has an index score of 92 in comparison to 100 in the US, which makes it even more attractive to those who are looking for an inexpensive place to call home. Local businesses include the likes of Anderson's Country Store & Deli, Crop Production Services, and GRAINCO FS Inc., all providing essential services within the community. With such low rental prices and grocery costs, Rowan proves to be an ideal place to settle down for those looking for a comfortable yet affordable way of life.
Rowan has an unemployment rate of 3.9%. The US average is 6.0%.
Rowan 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 13.3%, which is lower than the US average of 33.5%.
Tax Rates for Rowan
- The Sales Tax Rate for Rowan is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rowan 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 Rowan
- The average income of a Rowan resident is $16,212 a year. The US average is $28,555 a year.
- The Median household income of a Rowan resident is $52,500 a year. The US average is $69,021 a year.