Luana, IA is a small town in Iowa with a population of about 500 people. The cost of living in Luana is relatively low compared to other parts of the US. The average two-bedroom rent is $800 per month, while the national average for two-bedroom rent is $1,430. Additionally, the grocery cost index in Luana is 93 compared to 100 in the US.
Local companies include Luana's Hardware Store, Prentice's Auto Repair & Towing, and Mikkelson Family Farms. These businesses provide necessary services and products that are essential to daily life for residents in Luana. With a low cost of living combined with local businesses providing necessary services and products, this small town offers an affordable lifestyle with convenience for its residents.
Luana has an unemployment rate of 6.6%. The US average is 6.0%.
Luana has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 23.4%, which is lower than the US average of 33.5%.
Tax Rates for Luana
- The Sales Tax Rate for Luana is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Luana 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 Luana
- The average income of a Luana resident is $22,195 a year. The US average is $28,555 a year.
- The Median household income of a Luana resident is $56,964 a year. The US average is $69,021 a year.