Ute, IA is a small rural town located in Iowa. It has a population of just under 400 people and offers a quiet and peaceful lifestyle. Rent for two bedroom homes is significantly lower than the US average at $700 per month. Similarly, grocery costs are also lower than the national average index at 91 versus 100. Popular local businesses in Ute include Brown's Grocery Store, D&D Automotive Repair Center, and Ute Lumber Company. All three of these companies have been providing quality services to the community for many years.
Ute has an unemployment rate of 5.1%. The US average is 6.0%.
Ute has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 13.7%, which is lower than the US average of 33.5%.
Tax Rates for Ute
- The Sales Tax Rate for Ute is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ute 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 Ute
- The average income of a Ute resident is $24,703 a year. The US average is $37,638 a year.
- The Median household income of a Ute resident is $41,389 a year. The US average is $69,021 a year.