Montgomery, IA County is a great place to live and work. It has a low average two bedroom rent of $800 making it an affordable option for many people. In addition, the grocery cost index in Montgomery, IA County is 93 versus 100 in the US giving residents more purchasing power with their money. Local companies in Montgomery are Iowa Machine Shed, Montgomery Country Club, and The Farmer’s Country Store. Iowa Machine Shed offers delicious home style food while Montgomery Country Club provides a fun and relaxing environment with golf courses and swimming pools. The Farmer’s Country Store specializes in local produce and products from farming families throughout the county.
Montgomery County has an unemployment rate of 3.9%. The US average is 6.0%.
Montgomery County 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 19.0%, which is lower than the US average of 33.5%.
Tax Rates for Montgomery County
- The Sales Tax Rate for Montgomery County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Montgomery County is 9.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Montgomery County
- The average income of a Montgomery County resident is $23,342 a year. The US average is $28,555 a year.
- The Median household income of a Montgomery County resident is $56,971 a year. The US average is $69,021 a year.