Beacon, IA is a small city located in the Midwest with a population of 52534. Along with its low population comes an affordable cost of living, as 2 bedroom rental costs are around $720 per month. This is over $700 cheaper than the national average for a 2 bedroom rental, which is $1430. Additionally, groceries in Beacon are 7% cheaper than they are on average nationally, making it a great place to live for those looking to save money. Despite being small, Beacon has plenty to offer in terms of entertainment and culture. Local businesses such as The Old Bank Coffee House and Tanglefoot Trail Brewery make it easy to find something exciting and interesting to do.
Beacon (zip 52534) has an unemployment rate of 3.9%. The US average is 6.0%.
Beacon (zip 52534) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.
Tax Rates for Beacon (zip 52534)
- The Sales Tax Rate for Beacon (zip 52534) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Beacon (zip 52534) 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 Beacon (zip 52534)
- The average income of a Beacon (zip 52534) resident is $17,607 a year. The US average is $28,555 a year.
- The Median household income of a Beacon (zip 52534) resident is $48,542 a year. The US average is $69,021 a year.