Millersburg, Iowa is a small town located in the Midwest with a population of around 800 people. The cost of living in Millersburg is very affordable, with 2 bedroom rent costing $780 compared to the national average of $1,430. Additionally, the Grocery Cost Index of Millersburg is 93 compared to 100 for the US as a whole. Local employers in Millersburg include businesses such as Scheid’s IGA supermarket, Rieken’s Manufacturing Inc., and San-tron Communication Products. The town also hosts local events such as weekly farmers markets during summer months at the city park.
Millersburg has an unemployment rate of 4.5%. The US average is 6.0%.
Millersburg has seen the job market decrease by -8.1% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.
Tax Rates for Millersburg
- The Sales Tax Rate for Millersburg is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Millersburg 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 Millersburg
- The average income of a Millersburg resident is $41,940 a year. The US average is $37,638 a year.
- The Median household income of a Millersburg resident is $69,167 a year. The US average is $69,021 a year.