Walnut, IA is a small town located in Pottawattamie County, Iowa. It is an ideal place for people looking for a quiet and peaceful life. The average rent for a two bedroom apartment in Walnut is $880, which is much lower than the US average of $1430. Additionally, the Grocery Cost Index in Walnut is 95 compared to 100 in the US overall.
Local companies include Wade’s Automotive & Towing, Funke Beverage Co., Todd’s Taxidermy and Old Town Eatery & Barbecue. Wade’s Automotive & Towing specializes in providing quick and reliable automotive services ranging from oil changes to engine rebuilds. Funke Beverage Company provides high-quality beverages that are perfect for any occasion, whether it be work or play. Todd’s Taxidermy offers professional taxidermy services at competitive prices. Finally, Old Town Eatery & Barbecue offers delicious BBQ Friday nights and some of the best burgers in town!
Walnut has an unemployment rate of 4.3%. The US average is 6.0%.
Walnut has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.
Tax Rates for Walnut
- The Sales Tax Rate for Walnut is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Walnut 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 Walnut
- The average income of a Walnut resident is $29,102 a year. The US average is $37,638 a year.
- The Median household income of a Walnut resident is $50,938 a year. The US average is $69,021 a year.