Waukon, IA is an affordable place to live with a low cost of living. Rent for a two-bedroom apartment in Waukon is only $790 compared to the US average of $1,430. Groceries are even cheaper here with an index score of 94 versus 100 in the US. There are many local businesses in Waukon, such as MidWestOne Bank and the United Farmers Co-Op, that contribute to the small-town feel of this town. Whether you’re looking for a lower cost of living or just a charming place to stay, Waukon is worth considering for your next home.
Waukon has an unemployment rate of 5.9%. The US average is 6.0%.
Waukon has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Waukon
- The Sales Tax Rate for Waukon is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Waukon 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 Waukon
- The average income of a Waukon resident is $23,150 a year. The US average is $28,555 a year.
- The Median household income of a Waukon resident is $52,421 a year. The US average is $69,021 a year.