The Davenport-Moline-Rock Island, IA Metro Area is a great place to live due to its low cost of living. The average 2 bedroom rent in the area is $910, compared to the US average of $1,430. In addition, the Grocery Cost Index for the area is 95 versus 100 in the US. This makes it an ideal place for people who want to enjoy a high quality of life at a lower cost. The area is home to many large companies such as John Deere, Kone Corporation, and Textron Financial Corporation. It also has smaller businesses such as Timezone Arcade and RA Sushi Bar Restaurant. All these companies provide employment opportunities that make it a great place to work and live.
Davenport-Moline-Rock Island Metro Area has an unemployment rate of 5.9%. The US average is 6.0%.
Davenport-Moline-Rock Island Metro Area has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.
Tax Rates for Davenport-Moline-Rock Island Metro Area
- The Sales Tax Rate for Davenport-Moline-Rock Island Metro Area is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Davenport-Moline-Rock Island Metro Area 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 Davenport-Moline-Rock Island Metro Area
- The average income of a Davenport-Moline-Rock Island Metro Area resident is $27,674 a year. The US average is $28,555 a year.
- The Median household income of a Davenport-Moline-Rock Island Metro Area resident is $63,282 a year. The US average is $69,021 a year.