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Cherokee, IA Economy


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Cherokee, IA is a great place to live with an affordable cost of living. The average 2 bedroom rent for Cherokee is $800 compared to the national average of $1,430. Additionally, the Grocery Cost Index in Cherokee is 93 versus 100 in the US. This makes living in Cherokee an attractive option for those looking to save money on basic necessities. \nLocal companies in Cherokee, IA include Hy-Vee grocery stores which offer a variety of fresh food items as well as household goods. The local Casey's convenience store offers freshly made pizzas, sandwiches and other snacks plus gasoline and other necessities. For entertainment, businesses like Riverside Bowl provide family fun bowling alley activities and the 7th Street Theatre provides movie showings throughout the year.

Cherokee has an unemployment rate of 3.9%. The US average is 6.0%.

Cherokee has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.

Tax Rates for Cherokee
- The Sales Tax Rate for Cherokee is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cherokee is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for Cherokee
- The average income of a Cherokee resident is $30,606 a year. The US average is $37,638 a year.
- The Median household income of a Cherokee resident is $48,559 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCherokee, IowaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Cherokee
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When hearing about a small town like Cherokee, Iowa, one may think "what a great place to raise children!" This maybe true, but meth is a growing concern in small farm  More

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I am considering relocating to Cherokee, IA with our family. What is life like in that area and is it a good place to raise your  More

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I am looking at the Cherokee, IA area as a possible relocation for our family. Does anyone have any feedback on that area of  More

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