Auburn, IA, is an affordable and pleasant place to live. With a two bedroom rent of only $800 compared to the US average of $1,430, the cost of living in Auburn is significantly lower than other places around the country. Although Auburn may be small in size, it has a range of amenities available for its residents. There are several local grocery stores providing quality goods at low prices due to the Grocery Cost Index in Auburn being 94 versus 100 in the US. Various national chain stores can also be found such as Walmart, Dollar Tree and Hy-Vee offering convenience to locals. Other companies such as AutoZone, Wendy's and Subway help to create a vibrant atmosphere for all who live there.
Auburn has an unemployment rate of 3.8%. The US average is 6.0%.
Auburn has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 16.9%, which is lower than the US average of 33.5%.
Tax Rates for Auburn
- The Sales Tax Rate for Auburn is 7.0%. The US average is 7.3%.
- The Income Tax Rate for 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 Auburn
- The average income of a Auburn resident is $19,725 a year. The US average is $28,555 a year.
- The Median household income of a Auburn resident is $46,250 a year. The US average is $69,021 a year.