Mount Union, IA is a small town located in Appanoose County along the Chariton River. It is home to a population of about 1,200 people and is known for its affordability when it comes to living costs. When compared to the US average, a two bedroom apartment in Mount Union would be around $840 per month while the US average is $1,430. Additionally, groceries in Mount Union have a cost index of 95 as opposed to 100 in the US on average. Local businesses in Mount Union include Brown’s Grocery Store and Smith’s Auto Sales which offer a variety of goods and services for locals and visitors alike.
Mount Union has an unemployment rate of 4.0%. The US average is 6.0%.
Mount Union has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Mount Union
- The Sales Tax Rate for Mount Union is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Union 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 Mount Union
- The average income of a Mount Union resident is $20,206 a year. The US average is $28,555 a year.
- The Median household income of a Mount Union resident is $57,500 a year. The US average is $69,021 a year.