Victor, IA is a small town located near the scenic Iowa River valley. The cost of living here is much lower than many other cities in the US, with rent for 2 bedroom apartments ranging at around $780 and the Grocery Cost Index being 94 against 100 in the US. Despite its size, Victor has some lovely attractions that visitors can enjoy such as Quarry Oaks Golf Course and Lazy River Winery. It also hosts several well-known companies such as GreatAmerica Financial Services Corporation, Midwest Poultry Services, and MidWestOne Bank.
Victor has an unemployment rate of 4.5%. The US average is 6.0%.
Victor has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.
Tax Rates for Victor
- The Sales Tax Rate for Victor is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Victor 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 Victor
- The average income of a Victor resident is $25,276 a year. The US average is $28,555 a year.
- The Median household income of a Victor resident is $61,094 a year. The US average is $69,021 a year.