Worthington, IA is an ideal place to live if you're looking for a cost-effective lifestyle. 2 bedroom rent in the area is only $810 per month, which is significantly lower than the US average of $1,430. The grocery cost index in Worthington is 95 compared to 100 in the US. In addition to affordable living, Worthington has a variety of activities for its residents. There are several local companies such as Worthington Foods Inc., and Powell Electric Company, as well as many restaurants and shops. If you’re looking for some outdoor fun, there are plenty of parks and trails like Memorial Park and Prairie Creek Greenway Trail. Worthington offers a great quality of life with its low costs and abundance of amenities!
Worthington has an unemployment rate of 4.8%. The US average is 6.0%.
Worthington has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.
Tax Rates for Worthington
- The Sales Tax Rate for Worthington is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Worthington 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 Worthington
- The average income of a Worthington resident is $26,885 a year. The US average is $28,555 a year.
- The Median household income of a Worthington resident is $65,313 a year. The US average is $69,021 a year.