Hamilton, IA County is a great place to live with a low cost of living. The average two bedroom rent in Hamilton is only $880 compared to the U.S. average of $1,430. This provides great savings for those looking to purchase or rent a home. Grocery costs are also lower than the US average index rating of 100, with Hamilton coming in at 94. Local companies in Hamilton include Evergreen Food Products Inc., Pioneer Hi-Bred International, and JBS USA LLC which all provide employment opportunities for residents in the area. All in all, Hamilton is an attractive option for those who want to save money on their housing and grocery costs without sacrificing quality of life or job opportunities.
Hamilton County has an unemployment rate of 4.3%. The US average is 6.0%.
Hamilton County has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Hamilton County
- The Sales Tax Rate for Hamilton County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hamilton 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 Hamilton County
- The average income of a Hamilton County resident is $25,531 a year. The US average is $28,555 a year.
- The Median household income of a Hamilton County resident is $62,183 a year. The US average is $69,021 a year.