Shenandoah, IA is an attractive and affordable place to live, with a median rent of $770 for a two-bedroom apartment – significantly lower than the US average of $1,430. This affordability is also reflected in the local cost of groceries which is 94 versus 100 in the US on average. Shenandoah has thriving businesses including the popular Shenandoah Family Restaurant, C&B Grocery Store and Fergusons Pharmacy. The town’s low cost of living makes it an ideal destination for those looking to stretch their budget without sacrificing quality of life.
Shenandoah has an unemployment rate of 4.0%. The US average is 6.0%.
Shenandoah has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 14.8%, which is lower than the US average of 33.5%.
Tax Rates for Shenandoah
- The Sales Tax Rate for Shenandoah is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Shenandoah 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 Shenandoah
- The average income of a Shenandoah resident is $22,817 a year. The US average is $28,555 a year.
- The Median household income of a Shenandoah resident is $44,898 a year. The US average is $69,021 a year.