Asbury, IA Economy


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\nAsbury, IA is a small city located in Linn County in Iowa with a population of more than 7,000 people. The city has a few local companies such as Artesian Rural Water Company, Asbury Machine Works Inc., and St. Luke’s Catholic Church. \nWhen looking at the cost of living in Asbury, IA we can see that the cost for a two bedroom rental is about $1,040 and is lower than the average US cost of $1,430. Additionally, the grocery cost index in Asbury is 99 versus 100 in the US which shows that groceries are slightly cheaper here than on average throughout the country.

Asbury has an unemployment rate of 4.8%. The US average is 6.0%.

Asbury has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.

Tax Rates for Asbury
- The Sales Tax Rate for Asbury is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Asbury is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Asbury
- The average income of a Asbury resident is $31,899 a year. The US average is $28,555 a year.
- The Median household income of a Asbury resident is $101,818 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAsbury, IowaUnited States
  4.86
  -6.5%-6.2%
  23.6%33.5%
  7.0%6.2%
  7.4%4.6%
  $45,830$37,638
  $101,818$69,021
  $109,831$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  2.8%6.8%
  15.3%10.0%
  4.3%2.5%
  13.1%11.0%
  2.0%4.8%
  0.0%0.8%
  0.7%1.9%
  11.8%4.7%
  0.0%1.9%
  6.3%7.6%
  0.5%0.1%
  2.1%4.2%
  8.7%9.3%
  20.6%14.0%
  1.2%2.1%
  5.0%7.0%
  1.5%4.8%
  3.5%4.7%
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