Lawton, IA is a small city located in the Midwestern United States. It has a population of just over 1000 people and offers a variety of services and amenities for its residents. The cost of living in Lawton is quite low, with 2 bedroom rent costing $830 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Lawton is 99 versus 100 in the US. Local companies include Hy-Vee grocery store, Reichelt Plumbing & Heating Co., and Quality Automotive Center. All-in-all Lawton provides an affordable standard of living for its inhabitants while still providing quality services from local businesses.
Lawton has an unemployment rate of 4.5%. The US average is 6.0%.
Lawton has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Lawton
- The Sales Tax Rate for Lawton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lawton 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 Lawton
- The average income of a Lawton resident is $25,596 a year. The US average is $28,555 a year.
- The Median household income of a Lawton resident is $95,227 a year. The US average is $69,021 a year.