Mount Auburn, IA is a small town located in Iowa. It has a population of approximately 1,000 people and is known for its quiet rural atmosphere. The cost of living in Mount Auburn is much lower than the average cost of living in the United States. The 2 bedroom rent here averages at $880 compared to $1,430 in the US while grocery costs are 93 compared to 100 nationally. This makes it an attractive option for those looking to save money on their everyday expenses. Local companies include Prairie Creek Grain & Feed Co., Maasdam Power Pulls Inc., and Granger Construction Co. All these businesses contribute to keeping the local economy strong and providing employment opportunities to local residents.
Mount Auburn has an unemployment rate of 5.0%. The US average is 6.0%.
Mount Auburn has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Mount Auburn
- The Sales Tax Rate for Mount Auburn is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Auburn 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 Mount Auburn
- The average income of a Mount Auburn resident is $22,623 a year. The US average is $37,638 a year.
- The Median household income of a Mount Auburn resident is $62,500 a year. The US average is $69,021 a year.