Decatur, IA County is a great place to live. With a 2 bedroom rent being $800 compared to the US average of $1430, it is significantly more affordable. Grocery costs are also lower in Decatur than in the US, with a grocery cost index of 92 against 100 in the US. Due to these low costs, many people flock to Decatur for its affordability and quality of life. Local companies such as Kwik Star, Pizza Ranch and Dahl's Foods all contribute positively to the local economy. Additionally, Decatur has excellent amenities such as parks and schools that make life comfortable for locals and attract visitors. All things considered, Decatur's cost of living is much lower than most places in the United States which makes it an attractive location for people looking for a good balance between quality of life and affordability.
Decatur County has an unemployment rate of 3.2%. The US average is 6.0%.
Decatur County has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.
Tax Rates for Decatur County
- The Sales Tax Rate for Decatur County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Decatur 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 Decatur County
- The average income of a Decatur County resident is $24,074 a year. The US average is $37,638 a year.
- The Median household income of a Decatur County resident is $52,753 a year. The US average is $69,021 a year.