Thayer, IA is a small town located in Cass County that offers a quiet and serene atmosphere for its residents. With two bedroom rents at just $700, it's no surprise that the cost of living in Thayer is lower than the US average. This low cost of living is combined with a Grocery Cost Index of 95 versus 100 in the US, making it an affordable place to live no matter where you're moving from. Local businesses include such staples as Johnnie’s Supermarket for your grocery needs, Thayer Lumber Company for home improvement projects and The Main Street Salon for all your beauty needs. Thayer provides great value to those looking for a more peaceful atmosphere to call home.
Thayer has an unemployment rate of 4.8%. The US average is 6.0%.
Thayer has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 20.9%, which is lower than the US average of 33.5%.
Tax Rates for Thayer
- The Sales Tax Rate for Thayer is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Thayer 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 Thayer
- The average income of a Thayer resident is $31,265 a year. The US average is $37,638 a year.
- The Median household income of a Thayer resident is $0 a year. The US average is $69,021 a year.