Lohrville, IA is a small town in the Midwest that offers an affordable cost of living. A typical 2 bedroom rental will cost $730, which is significantly lower than the US average of $1,430. The grocery cost index in Lohrville is also lower than the national average at 91 versus 100. This makes it an attractive option for those looking to reduce their day-to-day costs while still having access to multiple amenities. Some local companies in the area include Lohrville Family Farm, Big Sky Outfitters, and Wiedman & Sons Auto Repair. All three offer quality services with friendly staff and competitive prices.
Lohrville has an unemployment rate of 3.7%. The US average is 6.0%.
Lohrville has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 18.4%, which is lower than the US average of 33.5%.
Tax Rates for Lohrville
- The Sales Tax Rate for Lohrville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lohrville 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 Lohrville
- The average income of a Lohrville resident is $24,239 a year. The US average is $37,638 a year.
- The Median household income of a Lohrville resident is $41,786 a year. The US average is $69,021 a year.