Searsboro, IA is a small town located in Poweshiek County. It has a population of around 500 residents and is known for its rural charm. Rent for a two bedroom apartment in Searsboro is about $870 and the grocery cost index is 96 compared to 100 nationally.
The town provides many services for its citizens including health care, law enforcement, and educational facilities. Additionally, there are several local businesses in Searsboro such as R & S Farm Store which carries agricultural equipment and supplies; Yoder's Repair which services small engines; and Pohlman Deli, an old-fashioned sandwich shop that serves up delicious subs. With its natural beauty and friendly atmosphere, Searsboro makes an ideal place to live for those looking for a quiet rural community.
Searsboro has an unemployment rate of 4.7%. The US average is 6.0%.
Searsboro has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for Searsboro
- The Sales Tax Rate for Searsboro is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Searsboro 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 Searsboro
- The average income of a Searsboro resident is $20,314 a year. The US average is $28,555 a year.
- The Median household income of a Searsboro resident is $42,188 a year. The US average is $69,021 a year.