Clayton, IA County is a great place to live due to its low cost of living. According to the information provided, rent for a two bedroom apartment is $800 which is much lower than the national average of $1,430. Additionally, the Grocery Cost Index in Clayton County is 94 compared to 100 in the US. This means groceries are even more affordable in Clayton than the national average. Companies like John Deere and Alliant Energy have local offices in Clayton that help to keep expenses low for residents as well as providing jobs and economic stability. With such great benefits, it's no surprise that Clayton is quickly becoming a desirable area for people looking for a place with an excellent quality of life and low cost of living expenses.
Clayton County has an unemployment rate of 6.6%. The US average is 6.0%.
Clayton County has seen the job market increase by 0.1% 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 Clayton County
- The Sales Tax Rate for Clayton County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Clayton 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 Clayton County
- The average income of a Clayton County resident is $25,853 a year. The US average is $28,555 a year.
- The Median household income of a Clayton County resident is $58,148 a year. The US average is $69,021 a year.