Sigourney, IA is a small town located in southeastern Iowa with a population of around 2,100 people. The cost of living in Sigourney is lower than the national average. For example, the median 2-bedroom rent in Sigourney is $770 while the national median rent for a two-bedroom apartment is $1,430. Additionally, grocery costs index in Sigourney is 93 compared to 100 on the national level. As far as businesses are concerned, there are several local companies including KCL Engineering Inc., Sigourney Insurance Agency, and Weldon's True Value Hardware. All these factors contribute to making living in Sigourney an affordable option for many.
Sigourney has an unemployment rate of 4.8%. The US average is 6.0%.
Sigourney has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 16.1%, which is lower than the US average of 33.5%.
Tax Rates for Sigourney
- The Sales Tax Rate for Sigourney is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sigourney 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 Sigourney
- The average income of a Sigourney resident is $24,190 a year. The US average is $28,555 a year.
- The Median household income of a Sigourney resident is $43,176 a year. The US average is $69,021 a year.