Low Moor, IA is a small town in Iowa with a population of around 800 people. The rental costs for two bedroom apartments are much lower than the national average, with an average of $830 per month. Grocery costs in Low Moor are also lower than the national average at 94 points compared to the US average of 100. Low Moor is home to several local companies including Miller's Garage, Anderson's Auto Parts, and Jones Dairy Farm. All three businesses provide important services to the community and demonstrate why Low Moor continues to be a great place to live and work.
Low Moor has an unemployment rate of 5.5%. The US average is 6.0%.
Low Moor has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 15.4%, which is lower than the US average of 33.5%.
Tax Rates for Low Moor
- The Sales Tax Rate for Low Moor is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Low Moor 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 Low Moor
- The average income of a Low Moor resident is $21,561 a year. The US average is $28,555 a year.
- The Median household income of a Low Moor resident is $55,625 a year. The US average is $69,021 a year.