Denison, IA is a great place to live with a low cost of living. The average 2 bedroom rent in Denison is only $780, which is much lower than the US average of $1,430. The grocery cost index in Denison is 95 compared to the US of 100, meaning groceries are still relatively affordable. There are a variety of local businesses in Denison, such as Hy-Vee and Walgreens for your shopping needs. In addition, you can find places for entertainment like the Cinema 5 Theater or restaurants like Papa Dino's Pizzeria. Overall, Denison offers an affordable cost of living with ample opportunities for entertainment and shopping.
Denison (zip 51442) has an unemployment rate of 5.8%. The US average is 6.0%.
Denison (zip 51442) has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 7.4%, which is lower than the US average of 33.5%.
Tax Rates for Denison (zip 51442)
- The Sales Tax Rate for Denison (zip 51442) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Denison (zip 51442) 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 Denison (zip 51442)
- The average income of a Denison (zip 51442) resident is $23,953 a year. The US average is $37,638 a year.
- The Median household income of a Denison (zip 51442) resident is $52,626 a year. The US average is $69,021 a year.