Mitchell County, IA is an affordable place to live. The typical 2 bedroom rent in Mitchell County is only $800 per month, which is much lower than the national average of $1,430. Furthermore, groceries cost less here as well with a grocery cost index of 94 compared to the US average of 100. This makes Mitchell County a great place for budget-conscious individuals and families looking to save money.
The county has a wide range of businesses that helps improve the economy and provides jobs for local residents. Businesses such as Upstream Solutions Group LLC, L&J Motors Inc., and TLC Construction are all based in Mitchell County. These companies provide services ranging from IT consulting to automotive repair and construction work.
Overall, Mitchell County proves to be an attractive option for those looking for an inexpensive place to live without compromising on quality of life amenities. With low rental prices and cheaper groceries than most places in the US, it's no wonder why many people are choosing to move their families here permanently or as a vacation destination.
Mitchell County has an unemployment rate of 3.4%. The US average is 6.0%.
Mitchell County has seen the job market decrease by -12.6% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Mitchell County
- The Sales Tax Rate for Mitchell County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mitchell 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 Mitchell County
- The average income of a Mitchell County resident is $32,935 a year. The US average is $37,638 a year.
- The Median household income of a Mitchell County resident is $60,991 a year. The US average is $69,021 a year.