Mount Ayr, IA is a small town located in southwest Iowa. It is known for its great quality of life, friendly people, and abundance of local businesses. The city has an array of different companies that contribute to its economy, such as WilcoHess, a convenience store chain; Rock’s Pet Supply; and Overland Creative Solutions.
When it comes to rent prices in Mount Ayr compared to the US average, there is a considerable difference; two bedroom apartments cost approximately $690 per month in Mount Ayr versus $1,430 across the US. This lower rent cost makes it easier for individuals or families with tight budgets or those looking to save money to move to the area. Additionally, Mount Ayr's grocery cost index is 93 versus 100 across the country – suggesting that groceries are cheaper in Mount Ayr than most places in America. These factors make Mount Ayr an ideal place for people looking for an affordable place to live with excellent basic amenities like groceries and housing costs.
Mount Ayr has an unemployment rate of 3.2%. The US average is 6.0%.
Mount Ayr has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 25.3%, which is lower than the US average of 33.5%.
Tax Rates for Mount Ayr
- The Sales Tax Rate for Mount Ayr is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Ayr is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing ºÚÁÏÉçÇø.
Income and Salaries for Mount Ayr
- The average income of a Mount Ayr resident is $26,931 a year. The US average is $37,638 a year.
- The Median household income of a Mount Ayr resident is $46,125 a year. The US average is $69,021 a year.