Walker, IA is a small town located in Iowa with a population of around 918 people. It is situated close to the Cedar River and offers scenic views for those who live there. The cost of living in Walker, IA is quite reasonable with a 2 bedroom rent at $770 and grocery cost index at 98 compared to 100 in the US. \nThe business sector in Walker, IA is thriving with several local companies such as Cedar River Machine & Tool Co., Lyle’s Electric Service, Midwest Sheet Metal Products Inc., and Walker Ready Mix. Each company provides services for both locals and visitors who come to appreciate the beauty of the town. All these businesses create job opportunities for the citizens of Walker and contribute to its positive economy.
Walker has an unemployment rate of 5.3%. The US average is 6.0%.
Walker has seen the job market decrease by -7.6% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.
Tax Rates for Walker
- The Sales Tax Rate for Walker is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Walker 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 Walker
- The average income of a Walker resident is $30,896 a year. The US average is $37,638 a year.
- The Median household income of a Walker resident is $74,044 a year. The US average is $69,021 a year.