Fairfield Metro Area, IA Economy


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United States / Iowa / Fairfield Metro Area / Counties / Cities / Zip Codes
Fairfield, IA Metro Area is a great place to live for anyone on a budget. The 2 bedroom rent is much lower than the US average of $1,430, at only $860. This makes it an affordable choice for singles and families alike. Although the grocery cost index is slightly lower than the national average of 100, it is still competitive. The area boasts many parks and lake areas for outdoor activities as well as plenty of local businesses and shops to explore. Local companies such as Fairfield Arts & Convention Center, Fairfield Public Library, and the Jefferson County Historical Society offer unique attractions that appeal to all ages. With its low living costs and many interesting features, Fairfield, IA Metro Area is an ideal spot for those seeking a comfortable lifestyle without breaking the bank.

Fairfield Metro Area has an unemployment rate of 4.3%. The US average is 6.0%.

Fairfield Metro Area has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.

Tax Rates for Fairfield Metro Area
- The Sales Tax Rate for Fairfield Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fairfield 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 Fairfield Metro Area
- The average income of a Fairfield Metro Area resident is $27,408 a year. The US average is $28,555 a year.
- The Median household income of a Fairfield Metro Area resident is $47,950 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFairfield, IowaUnited States
  4.36
  -9.7%-6.2%
  23.3%33.5%
  7.0%6.2%
  7.5%4.6%
  $31,909$37,638
  $47,950$69,021
  $62,021$85,028
  Population by Occupation
  2.7%1.2%
  0.0%0.5%
  7.0%6.8%
  17.0%10.0%
  1.6%2.5%
  8.5%11.0%
  2.1%4.8%
  0.1%0.8%
  1.7%1.9%
  9.6%4.7%
  1.5%1.9%
  5.9%7.6%
  0.7%0.1%
  3.4%4.2%
  12.3%9.3%
  11.9%14.0%
  1.0%2.1%
  4.7%7.0%
  5.0%4.8%
  3.0%4.7%
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