Lamont, Iowa is a small city located in Butler County. With a population of just over 506 people, Lamont is a great place to settle down for those who are looking for a peaceful atmosphere. The 2 bedroom rent in Lamont is $850, which is significantly lower than the US average of $1,430. Furthermore, the grocery cost index in Lamont is 93 compared to 100 in the US, making it an affordable option overall.
The city has many local businesses and amenities that make it a great place to live. There are several restaurants such as Doc's Bar & Grill, Victoria's Italian Cuisine and Snyders Country Cafe that offer delicious meals at great prices. Shopping options include Kruse Hardware Store and Albrecht Ace Hardware & Garden Center that provide all kinds of home improvement needs. Other services available include auto parts stores such as O'Reilly Auto Parts and banks such as First Citizens National Bank. There are also plenty of recreational activities such as golfing at the North Butler Golf Club, fishing at Cedar Lake or visiting one of the several parks located within Lamont limits.
Lamont (zip 50650) has an unemployment rate of 4.2%. The US average is 6.0%.
Lamont (zip 50650) 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 Lamont (zip 50650)
- The Sales Tax Rate for Lamont (zip 50650) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lamont (zip 50650) 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 Lamont (zip 50650)
- The average income of a Lamont (zip 50650) resident is $27,718 a year. The US average is $28,555 a year.
- The Median household income of a Lamont (zip 50650) resident is $52,461 a year. The US average is $69,021 a year.