Rutland, IA is a small town located in Central Iowa. It has many amenities for its residents including local businesses such as Rutland Hardware Store, Rutland Grocery Store, and two gas stations. The cost of living in Rutland is very affordable with an average 2 bedroom rent costing $720 per month compared to $1,430 nationally. Additionally, the grocery index in Rutland is 92 versus 100 nationwide. Overall, it’s a great place to live with all of the modern amenities one needs while maintaining affordability for households of all sizes.
Rutland has an unemployment rate of 3.9%. The US average is 6.0%.
Rutland 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 24.3%, which is lower than the US average of 33.5%.
Tax Rates for Rutland
- The Sales Tax Rate for Rutland is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rutland 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 Rutland
- The average income of a Rutland resident is $17,542 a year. The US average is $28,555 a year.
- The Median household income of a Rutland resident is $66,250 a year. The US average is $69,021 a year.