Lester, IA is a small town located in the Midwestern region of the United States. It is known to be quite affordable with a 2-bedroom rent costing only $770 compared to $1,430 in the US. The cost of groceries is also quite low, with an index score of 94 instead of 100 in the US. There are many businesses that contribute to the local economy including J&J Auto Repair, Buxton Hardware Inc., Lester Public Library, and Lester Pharmacy. All things considered, Lester has quite an attractive cost of living and makes it a desirable place to live or visit.
Lester has an unemployment rate of 2.7%. The US average is 6.0%.
Lester has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Lester
- The Sales Tax Rate for Lester is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lester 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 Lester
- The average income of a Lester resident is $31,668 a year. The US average is $28,555 a year.
- The Median household income of a Lester resident is $70,000 a year. The US average is $69,021 a year.