Clay, IA County is a great place to live, offering affordable rent and relatively low cost of living. Rent for a two bedroom apartment in the county is only $810 per month, compared to the US average of $1,430. The cost of groceries in Clay County is also lower than average with an index score of 93 versus 100 in the US.
Employment opportunities in Clay County are diverse and plentiful due to the presence of several local companies such as Clay Bank, Keating Enterprises, and Teal Insurance Agency. These businesses provide stable jobs and competitive salaries that are above the national average. Qualified professionals can expect to earn an average annual salary ranging from $37,000 to $77,000 depending on their field of expertise.
Clay County has an unemployment rate of 4.0%. The US average is 6.0%.
Clay County has seen the job market decrease by -4.7% 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 Clay County
- The Sales Tax Rate for Clay County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Clay County 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 Clay County
- The average income of a Clay County resident is $30,706 a year. The US average is $37,638 a year.
- The Median household income of a Clay County resident is $52,307 a year. The US average is $69,021 a year.