Hamburg, Iowa is a small town located in Fremont County. It is an ideal place to live for those who want to experience rural life away from the hustle and bustle of city life. Not only does Hamburg offer affordable rent compared to the national average, but it also boasts a lower grocery cost index. The local economy is made up of a variety of businesses including two major manufacturers - Highline Manufacturing and Magna Powertrain. Additionally, there are several locally owned stores, restaurants and professional services firms. Hamburg has plenty of activities and attractions for visitors from near and far alike. Outdoor enthusiasts can enjoy camping at the nearby Talbot Park or fishing in the Nishnabotna River. The historic Aplington House Museum is also worth exploring for its artifacts from WWI and WWII. For families looking for something fun to do together, there's mini-golf, go-kart racing, an escape room and more!
Hamburg has an unemployment rate of 2.5%. The US average is 6.0%.
Hamburg has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 11.0%, which is lower than the US average of 33.5%.
Tax Rates for Hamburg
- The Sales Tax Rate for Hamburg is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hamburg 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 Hamburg
- The average income of a Hamburg resident is $18,899 a year. The US average is $28,555 a year.
- The Median household income of a Hamburg resident is $48,125 a year. The US average is $69,021 a year.