Armstrong, Iowa

Cost of living in Armstrong, Iowa

  • Cost of living compared to USAmoderate
  • Cost of living compared to Iowamoderate
  • Median household incomelow

Is it expensive to live in Armstrong, Iowa? When calculating the cost of living in Armstrong, 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 Armstrong, Iowa is moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Iowa, while median household income in Armstrong is $44,833 which is low Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Iowa.

Taxes in Armstrong, Iowa

The sales tax rate in Armstrong, Iowa is 7.0%. Last year, the average property taxes paid was 1.5% Armstrong, 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 Armstrong, Iowa

  • The average cost of a single-family home compared to USAthe lowest
  • The average cost of a single-family home compared to Iowathe lowest

In Armstrong, Iowa, 82.0% of the population owns their homes, while approximately 18.0% rent. The average cost of a single-family home in Armstrong, Iowa in 2022 is $118,794 which is the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics 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 $[no data] per month.

Rental SizeMonthly CostCompared to Iowa
1 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$[no data][no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest