Aurora, IA is a small town located in Iowa with a population of around 500 people. The town is well known for their low cost of living, with rental prices being only $830 for a two bedroom apartment, significantly lower than the US' average two bedroom rent of $1,430. Groceries are also much cheaper in Aurora compared to the US as the Grocery Cost Index is 94 versus 100 in the US.
The Arkansas River runs through Aurora which is why many locals love spending time there fishing or camping. There are also many local businesses that contribute to its economy such as Wood's Appliance and Repair shop, Millers Auto Repair shop and Johnson Construction company. Overall, Aurora offers a peaceful homely atmosphere perfect for those who want to get away from the hustle bustle of city life.
Aurora has an unemployment rate of 4.2%. The US average is 6.0%.
Aurora has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.
Tax Rates for Aurora
- The Sales Tax Rate for Aurora is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Aurora 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 Aurora
- The average income of a Aurora resident is $21,809 a year. The US average is $28,555 a year.
- The Median household income of a Aurora resident is $52,188 a year. The US average is $69,021 a year.