Ionia, MO is a small city located in the northeastern region of the state. It is home to several local businesses such as Ionia Hardware, Bellehumeur's Home Store, and Missouri Valley Co-Op. The cost of living in Ionia is much lower than the cost of living in other areas of the country. Rent for a two-bedroom apartment in Ionia is approximately $750 per month, which is much lower than the national average of $1,430 per month. Additionally, grocery prices in Ionia are 6 percent lower than the national average due to its rural location.
Ionia has an unemployment rate of 6.5%. The US average is 6.0%.
Ionia has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 23.4%, which is lower than the US average of 33.5%.
Tax Rates for Ionia
- The Sales Tax Rate for Ionia is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Ionia is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Ionia
- The average income of a Ionia resident is $15,226 a year. The US average is $28,555 a year.
- The Median household income of a Ionia resident is $24,250 a year. The US average is $69,021 a year.