Lacona, IA is an ideal small town to settle in. It offers a low cost of living, with a median two bedroom rent at just $850. This is significantly lower than the national average of $1,430. The Grocery Cost Index in Lacona is also reasonably priced at 95 compared to 100 in the US. Residents can take advantage of local services such as Big Bear Supermarket and Johnson's Hardware Store which cater to their needs right within the community. Lacona boasts a peaceful atmosphere that many people find attractive and it is surrounded by scenic outdoor areas perfect for leisurely activities like camping and hiking.
Lacona has an unemployment rate of 4.0%. The US average is 6.0%.
Lacona has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.
Tax Rates for Lacona
- The Sales Tax Rate for Lacona is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lacona 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 Lacona
- The average income of a Lacona resident is $32,523 a year. The US average is $37,638 a year.
- The Median household income of a Lacona resident is $61,078 a year. The US average is $69,021 a year.