Burlington, IA Metro Area is a great place to live with many amenities. The cost of living in this area is very affordable with 2 bedroom rent at $930 compared to the US average of $1,430. Grocery cost index in Burlington is 93 versus the US average of 100. There are many local companies providing employment opportunities such as Burlington Northern Santa Fe Railway, Hawkeye Foodservice Distribution and Blessing Hospital. Other local businesses in the metro area include clothing stores, hardware stores, restaurants, movie theaters and more. All these features make Burlington an attractive place to live.
Burlington Metro Area has an unemployment rate of 5.9%. The US average is 6.0%.
Burlington Metro Area has seen the job market decrease by -7.8% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Burlington Metro Area
- The Sales Tax Rate for Burlington Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Burlington 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 Burlington Metro Area
- The average income of a Burlington Metro Area resident is $32,886 a year. The US average is $37,638 a year.
- The Median household income of a Burlington Metro Area resident is $55,033 a year. The US average is $69,021 a year.