Lime Springs, IA is a small town located in northeastern Iowa. It has a population of just over 200 people and is known for its peaceful atmosphere and welcoming residents. The cost of living is very affordable with the average two bedroom rent being $790 per month compared to the US average of $1,430. Additionally, the grocery cost index is 94 versus 100 in the US. This rural community is home to many local businesses including Lime Springs Pharmacy, Country Store Antiques & More, and JP's BBQ restaurant. There are also two banks located in Lime Springs that provide financial services to the local community. With its low costs of living and friendly atmosphere, it's no wonder why so many people choose to call Lime Springs home.
Lime Springs has an unemployment rate of 4.8%. The US average is 6.0%.
Lime Springs has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 16.2%, which is lower than the US average of 33.5%.
Tax Rates for Lime Springs
- The Sales Tax Rate for Lime Springs is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lime Springs 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 Lime Springs
- The average income of a Lime Springs resident is $24,827 a year. The US average is $37,638 a year.
- The Median household income of a Lime Springs resident is $58,929 a year. The US average is $69,021 a year.