Walford, IA Economy


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Walford, IA is a small town located in the Midwest. It is known for its friendly atmosphere and close proximity to other cities. Rent for a two bedroom apartment in Walford is relatively inexpensive compared to the rest of the US at $810 per month. Groceries are also cheaper here than in most of the US, with an index rating of 99 versus 100 nationally. The town has several businesses including El Mexicano Restaurant, Stork's Bakery, and Joe's Market which offer a variety of products and services to the local population.

Walford has an unemployment rate of 5.0%. The US average is 6.0%.

Walford has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.

Tax Rates for Walford
- The Sales Tax Rate for Walford is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Walford 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 Walford
- The average income of a Walford resident is $30,929 a year. The US average is $28,555 a year.
- The Median household income of a Walford resident is $112,188 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWalford, IowaUnited States
  56
  -7.5%-6.2%
  24.0%33.5%
  6.0%6.2%
  7.4%4.6%
  $43,013$37,638
  $112,188$69,021
  $116,471$85,028
  Population by Occupation
  0.0%1.2%
  0.8%0.5%
  11.4%6.8%
  18.3%10.0%
  4.9%2.5%
  11.8%11.0%
  4.9%4.8%
  2.3%0.8%
  1.6%1.9%
  7.0%4.7%
  0.3%1.9%
  2.8%7.6%
  0.0%0.1%
  0.8%4.2%
  11.7%9.3%
  10.7%14.0%
  0.9%2.1%
  2.4%7.0%
  4.3%4.8%
  3.1%4.7%
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