Monona, IA County is a great place to live. It has a low cost of living with 2 bedroom rent being $800 and grocery cost index being 93 compared to the US 100. The area is growing and offers plenty of opportunities for business owners as well as those looking for employment. There are many local businesses in Monona such as Hartig Drug, B&B Grocery, and Monona State Bank. For entertainment, there are plenty of attractions to enjoy from the Izaak Walton League Park to the Monona County Museum or take part in their annual 4th of July fireworks show in the city park.
Monona County has an unemployment rate of 5.1%. The US average is 6.0%.
Monona County has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 13.7%, which is lower than the US average of 33.5%.
Tax Rates for Monona County
- The Sales Tax Rate for Monona County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Monona 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 Monona County
- The average income of a Monona County resident is $24,645 a year. The US average is $28,555 a year.
- The Median household income of a Monona County resident is $56,107 a year. The US average is $69,021 a year.