Lamoni, IA is a small town located in the state of Iowa. In comparison to the rest of the US, living in Lamoni is very affordable; two-bedroom rentals average at only $780 whereas the national average is $1,430. Additionally, grocery cost index in Lamoni is 94 compared to 100 nationally. The town provides its citizens with many job opportunities as it's home to some popular companies such as Hy-Vee Corporate Headquarters and Graceland University. Locals and visitors alike enjoy the city for its diverse culture and numerous attractions such as the historic Lamoni Historic Square and Seven Hills Park.
Lamoni has an unemployment rate of 3.2%. The US average is 6.0%.
Lamoni has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.
Tax Rates for Lamoni
- The Sales Tax Rate for Lamoni is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lamoni 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 Lamoni
- The average income of a Lamoni resident is $14,667 a year. The US average is $28,555 a year.
- The Median household income of a Lamoni resident is $42,554 a year. The US average is $69,021 a year.