Lewis, IA is a small town located in the Midwest. Despite its relatively low population, Lewis offers plenty of amenities and attractions to its residents. There are many local companies, such as the John Deere dealership and various mom-and-pop stores. The cost of living in Lewis is quite affordable – for example, the average 2 bedroom rent is $920 per month versus $1,430 for the US as a whole. Furthermore, grocery costs index at 93 in Lewis compared to 100 for the US. All in all, Lewis is a great place to live due to its affordability and plenty of local businesses.
Lewis has an unemployment rate of 4.1%. The US average is 6.0%.
Lewis 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 15.1%, which is lower than the US average of 33.5%.
Tax Rates for Lewis
- The Sales Tax Rate for Lewis is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lewis 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 Lewis
- The average income of a Lewis resident is $19,300 a year. The US average is $28,555 a year.
- The Median household income of a Lewis resident is $31,761 a year. The US average is $69,021 a year.