Stout, IA is a small city located in Plymouth County that is home to just over 500 people. It is a great place to live for individuals and families alike due to its low cost of living. The average 2 bedroom rent in Stout is just $900 compared to the national average of $1,430. Additionally, the grocery cost index in Stout is 92 which is significantly lower than the US at 100. There are several local companies in Stout such as Expressway Auto Parts, Thymely Solutions, and Bonser's Automotive Repair that residents can work with. All in all, Stout provides a great quality of life for its residents by offering a low-cost of living coupled with local businesses ready to help.
Stout has an unemployment rate of 4.3%. The US average is 6.0%.
Stout has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 19.6%, which is lower than the US average of 33.5%.
Tax Rates for Stout
- The Sales Tax Rate for Stout is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Stout 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 Stout
- The average income of a Stout resident is $24,003 a year. The US average is $28,555 a year.
- The Median household income of a Stout resident is $73,558 a year. The US average is $69,021 a year.