Aurora, IA (zip code 50607) is a small city located in Iowa. It has a population of around 690 people according to the most recent estimates. Rent for two-bedroom apartments in Aurora is $830 per month, which is much lower than the national average of $1,430 per month for the same type of residence. The cost of groceries in Aurora is also relatively low compared to other locations; its Grocery Cost Index stands at 94 versus 100 for the US on average.
The city of Aurora has several local businesses which make it a great place to live. Examples include Hi-Way Lounge & Grill, Five Star Hair Company, and Woodland Products Inc., all of which serve as important sources of employment and commerce in the community. The affordability of rental housing and grocery costs make Aurora an attractive place for those looking for inexpensive living without sacrificing quality or convenience.
Aurora (zip 50607) has an unemployment rate of 4.2%. The US average is 6.0%.
Aurora (zip 50607) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.
Tax Rates for Aurora (zip 50607)
- The Sales Tax Rate for Aurora (zip 50607) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Aurora (zip 50607) 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 Aurora (zip 50607)
- The average income of a Aurora (zip 50607) resident is $17,734 a year. The US average is $28,555 a year.
- The Median household income of a Aurora (zip 50607) resident is $78,214 a year. The US average is $69,021 a year.