Jefferson County, IA Economy


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United States / Iowa / / Jefferson County / Cities / Zip Codes
Jefferson, IA County is a rural community in the Midwest. It is a great place to live for those who appreciate a slower pace of life, as well as low cost-of-living. The average two bedroom rent in Jefferson is $860, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in Jefferson is 94 compared to 100 nationally, making it even more affordable to live here. Jefferson offers a variety of activities from hiking at nearby Lake Red Rock to attending festivals in town. The local businesses here also contribute greatly to its small-town charm; popular companies include Jeffco Manufacturing, Central Iowa Power Cooperative and Lemke Construction.

Jefferson County has an unemployment rate of 4.3%. The US average is 6.0%.

Jefferson County has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.

Tax Rates for Jefferson County
- The Sales Tax Rate for Jefferson County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Jefferson 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 Jefferson County
- The average income of a Jefferson County resident is $27,408 a year. The US average is $28,555 a year.
- The Median household income of a Jefferson County resident is $47,950 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJefferson, IowaUnited States
  4.36
  -9.7%-6.2%
  23.3%33.5%
  7.0%6.2%
  7.5%4.6%
  $31,909$37,638
  $47,950$69,021
  $62,021$85,028
  Population by Occupation
  2.7%1.2%
  0.0%0.5%
  7.0%6.8%
  17.0%10.0%
  1.6%2.5%
  8.5%11.0%
  2.1%4.8%
  0.1%0.8%
  1.7%1.9%
  9.6%4.7%
  1.5%1.9%
  5.9%7.6%
  0.7%0.1%
  3.4%4.2%
  12.3%9.3%
  11.9%14.0%
  1.0%2.1%
  4.7%7.0%
  5.0%4.8%
  3.0%4.7%
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