Dumont, IA is a small rural town located in the state of Iowa with a population of 506 people. It has an affordable rent rate for two bedroom apartments, which stands at $710 per month. This is significantly lower than the national average of $1,430. Additionally, grocery costs are quite low as well with an index rating of 92, compared to the US average of 100. Local businesses in the area include Dave’s Food Mart, Four Paws Pet Supplies, and The Home Depot. All these businesses provide services and products that cater to the needs of the small population living in Dumont, IA.
Dumont (zip 50625) has an unemployment rate of 4.5%. The US average is 6.0%.
Dumont (zip 50625) has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 15.7%, which is lower than the US average of 33.5%.
Tax Rates for Dumont (zip 50625)
- The Sales Tax Rate for Dumont (zip 50625) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Dumont (zip 50625) 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 Dumont (zip 50625)
- The average income of a Dumont (zip 50625) resident is $26,182 a year. The US average is $37,638 a year.
- The Median household income of a Dumont (zip 50625) resident is $52,857 a year. The US average is $69,021 a year.