West Branch, IA is a small city located in Cedar County with a population of around 3,000 people. The cost of living is lower than the US average for both rent and groceries. The average rent for a two bedroom apartment in West Branch is $1,080 compared to $1,430 nationally. Grocery costs are also significantly lower with an index score of 97 compared to 100 nationally.
West Branch is home to several local businesses such as Wapsie Valley Creamery which produces high quality dairy products throughout the Midwest, and CMK Grains which offers custom grain drying services. As can be seen from these figures, West Branch provides an affordable cost of living when compared to the US average, making it an attractive place to live for those looking for value for money.
West Branch has an unemployment rate of 4.1%. The US average is 6.0%.
West Branch has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for West Branch
- The Sales Tax Rate for West Branch is 7.0%. The US average is 7.3%.
- The Income Tax Rate for West Branch is 9.0%. The US average is 4.6%.
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Income and Salaries for West Branch
- The average income of a West Branch resident is $29,721 a year. The US average is $37,638 a year.
- The Median household income of a West Branch resident is $67,460 a year. The US average is $69,021 a year.