Spragueville, IA is a small town located in Jackson County with an estimated population of approximately 250 people. It is known for its rural charm and close-knit community. The cost of living in Spragueville is relatively low compared to the US at large; 2 bedroom rent here only costs $840 compared to $1430 on average in the US, and the Grocery Cost Index is 97 versus 100 for the US. This makes it an attractive option for those looking to save money. Local industries include agricultural production such as grain, beans, and corn as well as poultry farming and processing plants. There are also several small business owners among its citizens operating bakeries, cafes, and other general retail stores.
Spragueville has an unemployment rate of 5.8%. The US average is 6.0%.
Spragueville has seen the job market decrease by -7.4% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Spragueville
- The Sales Tax Rate for Spragueville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Spragueville 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 Spragueville
- The average income of a Spragueville resident is $20,430 a year. The US average is $37,638 a year.
- The Median household income of a Spragueville resident is $54,375 a year. The US average is $69,021 a year.