Lorimor, IA is a small town located in Union County with an estimated population of 50149. It is a great place to live for those looking for a more peaceful and quiet environment. The average 2 Bedroom Rent in Lorimor is $900 which is significantly less than the US average of $1,430. The Grocery Cost Index in Lorimor is 96 versus the US average of 100.
Lorimor has a variety of local businesses that serve its residents including Taylor’s Pharmacy, Bulldog Lumber & Hardware, Specialty Towing and Auto Repair, and JB’s Cafe. Taylor’s Pharmacy provides prescription services and sells basic medical supplies to customers while Bulldog Lumber & Hardware offers building supplies and tools for projects around the house. Specialty Towing and Auto Repair provides 24-hour roadside assistance as well as repairs performed by experienced mechanics. Finally, JB’s Cafe serves up home cooked meals daily that will satisfy any appetite.
Lorimor (zip 50149) has an unemployment rate of 4.8%. The US average is 6.0%.
Lorimor (zip 50149) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 20.9%, which is lower than the US average of 33.5%.
Tax Rates for Lorimor (zip 50149)
- The Sales Tax Rate for Lorimor (zip 50149) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lorimor (zip 50149) 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 Lorimor (zip 50149)
- The average income of a Lorimor (zip 50149) resident is $28,414 a year. The US average is $37,638 a year.
- The Median household income of a Lorimor (zip 50149) resident is $59,188 a year. The US average is $69,021 a year.