Lost Nation, IA is a small town located in the eastern corner of Iowa. It is known for its relatively low cost of living in comparison to other parts of the country. Rent for a two-bedroom apartment is a fraction of what it would be elsewhere, at $820 compared to the United States average of $1,430. The grocery cost index here is also lower than the rest of the nation at 93 versus 100.
The town features many local companies such as Brown's Automotive, which has been providing car repair services since 1976 and Olde Low Tavern & Grille which serves classic American cuisine. Lost Nation is also home to attractions like Hawkinsville Park with trails for hiking and biking, as well as camping sites for those looking to explore the outdoors.
Lost Nation has an unemployment rate of 5.5%. The US average is 6.0%.
Lost Nation has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 15.4%, which is lower than the US average of 33.5%.
Tax Rates for Lost Nation
- The Sales Tax Rate for Lost Nation is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lost Nation 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 Lost Nation
- The average income of a Lost Nation resident is $16,622 a year. The US average is $28,555 a year.
- The Median household income of a Lost Nation resident is $42,750 a year. The US average is $69,021 a year.