Economy in Des Moines-West Des Moines Metro Area, IA

The Des Moines-West Des Moines, IA Metro Area is a great place to live and work. With a 2 bedroom rent at $1,060, it is much more affordable than the US average of $1,430. The grocery cost index in the area is 97 compared to the national average of 100, making it an even more attractive place to settle. There are many local companies providing jobs, such as Principal Financial Group, Wells Fargo & Company, Hy-Vee and UnityPoint Health. It also has a large population estimated around 645 thousand people.

Des Moines-West Des Moines Metro Area has an unemployment rate of 4.3%. The US average is 6.0%.

Des Moines-West Des Moines Metro Area has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 37.0%, which is higher than the US average of 33.5%.

Tax Rates for Des Moines-West Des Moines Metro Area
- The Sales Tax Rate for Des Moines-West Des Moines Metro Area is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Des Moines-West Des Moines 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 Des Moines-West Des Moines Metro Area
- The average income of a Des Moines-West Des Moines Metro Area resident is $31,342 a year. The US average is $28,555 a year.
- The Median household income of a Des Moines-West Des Moines Metro Area resident is $75,134 a year. The US average is $69,021 a year.