Sioux City, IA Metro Area is a great place to live with an affordable cost of living. The average 2 bedroom rent in the area is just $930, compared to the national average of $1,430. Grocery costs are also much lower than national standards with a grocery cost index of 95 versus 100 in the US. This makes it an attractive option for families looking for an affordable place to call home. Sioux City is also home to several large companies such as Lewis Drug Stores, Wells Blue Bunny, Anderson Erickson Dairy and Midwest Motor Express which provide plenty of employment opportunities. All these factors make Sioux City a great place to live for anyone looking for an affordable lifestyle.
Sioux City Metro Area has an unemployment rate of 4.0%. The US average is 6.0%.
Sioux City Metro Area has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Sioux City Metro Area
- The Sales Tax Rate for Sioux City Metro Area is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Sioux City 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 Sioux City Metro Area
- The average income of a Sioux City Metro Area resident is $24,861 a year. The US average is $28,555 a year.
- The Median household income of a Sioux City Metro Area resident is $64,438 a year. The US average is $69,021 a year.