Liscomb, IA is a small rural town located in the heart of Iowa. The cost of living is low in this area with 2 bedroom rent averaging at about $790 per month and a grocery cost index of 94 compared to 100 in the US. This makes Liscomb an attractive destination for those looking to save on living expenses or start their own business. There are several local businesses in Liscomb including Widmer Farms, Edon's Fish Hatchery, and Nye Custom Cabinets, offering unique goods and services for the community.
Liscomb has an unemployment rate of 7.8%. The US average is 6.0%.
Liscomb has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 10.3%, which is lower than the US average of 33.5%.
Tax Rates for Liscomb
- The Sales Tax Rate for Liscomb is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Liscomb 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 Liscomb
- The average income of a Liscomb resident is $21,481 a year. The US average is $28,555 a year.
- The Median household income of a Liscomb resident is $72,958 a year. The US average is $69,021 a year.