The Ames, IA Metro Area is an excellent place to live for those looking for an affordable and easy lifestyle. The 2 bedroom rent in the area is only $960 compared to a national average of $1,430, making it perfect for students or young professionals who are just starting out. It's also very affordable when it comes to groceries, with a Grocery Cost Index of 97 compared to the US average of 100. This makes Ames a great place to save money while still enjoying all the comforts of modern life. Not to mention the great local companies in the area such as Iowa State University and Story County Medical Center that contribute to the vibrant economic landscape of this city.
Ames Metro Area has an unemployment rate of 3.0%. The US average is 6.0%.
Ames Metro Area has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.
Tax Rates for Ames Metro Area
- The Sales Tax Rate for Ames Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ames 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 Ames Metro Area
- The average income of a Ames Metro Area resident is $33,839 a year. The US average is $37,638 a year.
- The Median household income of a Ames Metro Area resident is $63,814 a year. The US average is $69,021 a year.