Ute, IA Economy


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United States / Iowa / No Metro Area / Monona County / Ute / Zip Codes
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.

Income by Population Percent

  EconomyUte, IowaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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