Homestead, IA is a small rural town with plenty to offer its residents. The cost of living is relatively low as the 2 bedroom rental rate is about $1,150 compared to $1,430 in the US. Additionally, groceries are well-priced with a grocery cost index at 101 versus 100 in the US. There are several local companies that contribute to Homestead's economy such as Anderson Feed Mill, Friesen Seed Company and Hardman Construction. Residents have access to quality education through the West Central Community School District and enjoy many yearly community events such as the Homestead Days Parade. Homestead is truly a wonderful place to live and work!
Homestead has an unemployment rate of 4.5%. The US average is 6.0%.
Homestead has seen the job market decrease by -8.1% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.
Tax Rates for Homestead
- The Sales Tax Rate for Homestead is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Homestead 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 Homestead
- The average income of a Homestead resident is $33,239 a year. The US average is $37,638 a year.
- The Median household income of a Homestead resident is $63,224 a year. The US average is $69,021 a year.