Latimer, IA (50452) is a small city located in Winnebago County. With a population of just 813 people, this rural town offers a peaceful escape to its inhabitants. The cost of living in Latimer is relatively low compared to the US average. For example, the average 2 bedroom rent here is only $820 compared to $1,430 on average across the country - representing over 40% savings for renters. Additionally, grocery costs are also less expensive in Latimer than elsewhere with an index of 93 versus 100 in the US. \nThe community of Latimer is served by several local businesses such as K & S Quality Products Inc., Vyzral Contracting Inc., and Twin Points Golf Club providing employment opportunities for many people living in the area. All in all, Latimer provides a unique rural experience at an affordable cost of living for those looking for a simple lifestyle away from the hustle and bustle of cities.
Latimer (zip 50452) has an unemployment rate of 4.1%. The US average is 6.0%.
Latimer (zip 50452) has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Latimer (zip 50452)
- The Sales Tax Rate for Latimer (zip 50452) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Latimer (zip 50452) 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 Latimer (zip 50452)
- The average income of a Latimer (zip 50452) resident is $26,626 a year. The US average is $37,638 a year.
- The Median household income of a Latimer (zip 50452) resident is $65,096 a year. The US average is $69,021 a year.