St. Benedict, IA is a charming small town located in the Midwestern United States. The town offers affordable living, with two bedroom rent costing $810, which is significantly lower than the national average of $1,430. Additionally, St. Benedict's grocery cost index is also lower than the US average at 96 versus 100 respectively. The town features a variety of local businesses and amenities such as Zurn & Sons Hardware Store, Yolo's Diner & Grill and St. Benedict Church of God in Christ. There are also plenty of recreational activities such as hiking trails and parks for residents to enjoy.
St. Benedict has an unemployment rate of 3.5%. The US average is 6.0%.
St. Benedict has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for St. Benedict
- The Sales Tax Rate for St. Benedict is 7.0%. The US average is 7.3%.
- The Income Tax Rate for St. Benedict 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 St. Benedict
- The average income of a St. Benedict resident is $31,469 a year. The US average is $28,555 a year.
- The Median household income of a St. Benedict resident is $82,679 a year. The US average is $69,021 a year.