Cost of living
Ankeny, Iowa
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Ankeny, IA is #48 on the list Top 100 Best Places to Raise a Family in the Midwest in 2023, #53 on the list Top 100 Most Affordable U.S. Cities with Outstanding Education in 2022, #51 on the list Top 100 Best Places to Raise a Family in the Midwest in 2022
Cost of living in Ankeny, Iowa
Cost of living compared to USAlow
Cost of living compared to Iowalow
Median household incomethe highest
Is it expensive to live in Ankeny, Iowa? When calculating the cost of living in Ankeny, Iowa we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.
The cost of living in Ankeny, Iowa is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Iowa, while median household income in Ankeny is $89,484 which is the highest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Iowa.
Taxes in Ankeny, Iowa
The sales tax rate in Ankeny, Iowa is 6.8%. Last year, the average property taxes paid was 2.0% Ankeny, Iowa.
Here is the table with the State Income Taxes in the state of Iowa:
State Income Tax Brackets (Single):
| Income Bracket Threshold | Income Bracket Ceiling | Iowa Income Tax Rate |
|---|---|---|
| $0 | $1,743 | 0.33% |
| $1,743 | $3,486 | 0.67% |
| $3,486 | $6,972 | 2.25% |
| $6,972 | $15,687 | 4.14% |
| $15,687 | $26,145 | 5.63% |
| $26,145 | $34,860 | 5.96% |
| $34,860 | $52,290 | 6.25% |
| $52,290 | $78,435 | 7.44% |
| $78,435 | $9,999,999 | 8.53% |
State Income Tax Brackets (Married):
| Income Bracket Threshold | Income Bracket Ceiling | Iowa Income Tax Rate |
|---|---|---|
| $0 | $1,743 | 0.33% |
| $1,743 | $3,486 | 0.67% |
| $3,486 | $6,972 | 2.25% |
| $6,972 | $15,687 | 4.14% |
| $15,687 | $26,145 | 5.63% |
| $26,145 | $34,860 | 5.96% |
| $34,860 | $52,290 | 6.25% |
| $52,290 | $78,435 | 7.44% |
| $78,435 | $9,999,999 | 8.53% |
Housing costs in Ankeny, Iowa
The average cost of a single-family home compared to USAhigh
The average cost of a single-family home compared to Iowathe highest
In Ankeny, Iowa, 74.0% of the population owns their homes, while approximately 26.0% rent. The average cost of a single-family home in Ankeny, Iowa in 2022 is $282,114 which is highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Iowa. The average one-bedroom apartment cost is approximately $1,009 per month.
| Rental Size | Monthly Cost | Compared to Iowa |
|---|---|---|
| 1 Bedroom | $1,009 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $1,221 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $1,677 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $1,705 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
Pros and Cons of living in Ankeny, Iowa in reviews from users in their own words:
| Pros | Cons |
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