Mount Ayr, KS is a great city for those looking to save money on housing costs. Rent for a two bedroom apartment in the city is $720 per month - much lower than the national average of $1,430. This savings can be used to invest in other areas of life such as recreational activities or investing in local businesses. Locally owned companies such as D&B Grocery Store or Joe's Auto Repair Shop are excellent investments that allow citizens to support their local economy while receiving quality goods and services at reasonable prices. Additionally, the Grocery Cost Index in Mount Ayr is 89 versus 100 US-wide; this indicates that food prices are very competitive and residents can enjoy delicious meals without breaking the bank. The cost-savings benefits make Mount Ayr an attractive place to live economically and fiscally responsible individuals will find it very appealing.
Mount Ayr has an unemployment rate of 2.0%. The US average is 6.0%.
Mount Ayr has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.
Tax Rates for Mount Ayr
- The Sales Tax Rate for Mount Ayr is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Ayr is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mount Ayr
- The average income of a Mount Ayr resident is $70,313 a year. The US average is $37,638 a year.
- The Median household income of a Mount Ayr resident is $0 a year. The US average is $69,021 a year.