Monroe, IA County is a great place to live with affordable housing and low grocery costs. Rent for a two bedroom apartment is $830, which is significantly lower than the US average of $1,430. The Grocery Cost Index in Monroe County is 94 versus 100 in the US, making it an ideal place for those looking to save money on basic necessities. There are plenty of local companies providing goods and services including Monroe Hardware & Supply Company and Crooked Creek Dairy Farm which offer farm fresh produce and quality building supplies respectively. The county also offers many initiatives such as youth sports programs at North Monroe Park to foster community engagement and create positive experiences for local youth.
Monroe County has an unemployment rate of 4.2%. The US average is 6.0%.
Monroe County has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 19.2%, which is lower than the US average of 33.5%.
Tax Rates for Monroe County
- The Sales Tax Rate for Monroe County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Monroe 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 Monroe County
- The average income of a Monroe County resident is $23,983 a year. The US average is $28,555 a year.
- The Median household income of a Monroe County resident is $69,929 a year. The US average is $69,021 a year.