Mona, IA is a small rural town located in the Midwestern United States. The town is home to a number of local businesses that make up the fabric of the community, including Mona Hardware Store, Mona Cafe, and Mona Veterinary Clinic. In terms of cost of living, 2 bedroom rent in Mona is $780 USD compared to $1,430 USD nationally. Additionally, grocery cost index in Mona is 94 versus 100 in the US. Another noteworthy fact about Mona is that it has an active Chamber of Commerce that organizes events such as summer concerts and the annual Pumpkinfest held each October.
Mona has an unemployment rate of 3.4%. The US average is 6.0%.
Mona has seen the job market decrease by -12.6% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Mona
- The Sales Tax Rate for Mona is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mona 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 Mona
- The average income of a Mona resident is $42,225 a year. The US average is $37,638 a year.
- The Median household income of a Mona resident is $0 a year. The US average is $69,021 a year.