Lamoni, Iowa is a city located in Decatur County with a population of 5,014. The 2 bedroom rent in the city is significantly lower than the national average at $790 per month. Additionally, the local grocery cost index for Lamoni is 94 versus the national US figure of 100.
The city is home to many local businesses and services including the Decatur County Memorial Hospital which provides quality healthcare to residents. There are also several stores located in town such as Walmart and Family Dollar as well as restaurants like Pizza Parlor and Chinese Garden. Additionally, Lamoni houses larger employers such as Tyson Foods Incorporated and LAMOTMA Corporation.
Lamoni (zip 50140) has an unemployment rate of 3.2%. The US average is 6.0%.
Lamoni (zip 50140) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.
Tax Rates for Lamoni (zip 50140)
- The Sales Tax Rate for Lamoni (zip 50140) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lamoni (zip 50140) is 9.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lamoni (zip 50140)
- The average income of a Lamoni (zip 50140) resident is $22,544 a year. The US average is $37,638 a year.
- The Median household income of a Lamoni (zip 50140) resident is $50,125 a year. The US average is $69,021 a year.