Lisbon, Iowa is a small city located in Linn County with a population of around 4500 people. It is known for its affordable living costs, as the average two bedroom rent is $950 compared to the national average of $1,430. The Grocery Cost Index for Lisbon is 99, while the US rate is 100. This makes food shopping here very reasonable and attractive to locals and visitors alike. Local businesses in Lisbon include favorites like Clapp’s Family Restaurant, La Michoacana Mexican Grill, Burger Barn, and The Lemon Tree Cafe. These restaurants are all beloved by local residents who visit them regularly for both take-out and dine-in options.
Lisbon has an unemployment rate of 5.3%. The US average is 6.0%.
Lisbon 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 25.9%, which is lower than the US average of 33.5%.
Tax Rates for Lisbon
- The Sales Tax Rate for Lisbon is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lisbon 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 Lisbon
- The average income of a Lisbon resident is $26,546 a year. The US average is $28,555 a year.
- The Median household income of a Lisbon resident is $79,022 a year. The US average is $69,021 a year.