Somers, IA is a small town located in the Midwest. It has a low cost of living compared to the US average. The 2 Bedroom rent in Somers, IA is only $800 dollars, while the US 2 Bedroom Rent is $1430. The Grocery Cost Index in Somers, IA is 94 whereas it is 100 in the US. This makes Somers, IA an ideal place to live for those looking to save some money. There are several local businesses and shops in Somers such as the Somers General Store, Countryside IGA, and M&M Flooring & Home Improvement Center. All these stores provide good quality products at competitive prices making them popular among locals.
Somers has an unemployment rate of 3.7%. The US average is 6.0%.
Somers has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 18.4%, which is lower than the US average of 33.5%.
Tax Rates for Somers
- The Sales Tax Rate for Somers is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Somers 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 Somers
- The average income of a Somers resident is $25,691 a year. The US average is $28,555 a year.
- The Median household income of a Somers resident is $37,917 a year. The US average is $69,021 a year.