Mason City, NE is a small city with a population of about 1,200 people. It's known for low rental costs and grocery costs that are lower than the national average. The average two bedroom rent rate in Mason City is $840, which is significantly less than the national average of $1,430. Additionally, the grocery cost index in Mason City is 92 versus 100 in the US. This makes Mason City a great place to live for those looking for affordable living without skimping on quality. Local companies include Mason City Pharmacy, T-n-T Plumbing and Heating, and Mason County Animal Clinic.
Mason City has an unemployment rate of 1.7%. The US average is 6.0%.
Mason City has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Mason City
- The Sales Tax Rate for Mason City is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mason City is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mason City
- The average income of a Mason City resident is $37,820 a year. The US average is $37,638 a year.
- The Median household income of a Mason City resident is $39,205 a year. The US average is $69,021 a year.