The Fort Madison-Keokuk, IA Metro Area is an affordable place to live with a two-bedroom rent of just $800 compared to the US average of $1,430. There is also a Grocer Cost Index of 92 versus 100 in the US. The area is home to several local businesses and industries such as Lee Enterprises, who publishes over 40 newspapers across 22 states; Iowa Fertilizer Company, which produces nitrogen fertilizer products for farmers; and HNI Corporation, who make office furniture and fireplaces. Additionally, the area has many small businesses specializing in retail including grocery stores, apparel shops, restaurants and more.
Fort Madison-Keokuk Metro Area has an unemployment rate of 5.5%. The US average is 6.0%.
Fort Madison-Keokuk Metro Area has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 6.7%, which is lower than the US average of 33.5%.
Tax Rates for Fort Madison-Keokuk Metro Area
- The Sales Tax Rate for Fort Madison-Keokuk Metro Area is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Fort Madison-Keokuk 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 Fort Madison-Keokuk Metro Area
- The average income of a Fort Madison-Keokuk Metro Area resident is $23,478 a year. The US average is $28,555 a year.
- The Median household income of a Fort Madison-Keokuk Metro Area resident is $54,594 a year. The US average is $69,021 a year.