Minburn, Iowa (50167) is a small city located in Dallas County with a population of just over 500 people. Despite its small size, Minburn offers plenty for its residents. The average rent for a two-bedroom apartment is $870 per month, much lower than the national average of $1,430. The Grocery Cost Index in Minburn is also lower than the US at 95 versus 100 in the US on average. Additionally, there are several local businesses that call Minburn home like Thayer Pallet & Lumber Co., Marathon Farm Equipment Inc., and LBV Custom Cabs & Interiors LLC. This makes it easy to find local goods without having to travel far outside of town and adds to the convenience of living in Minburn. All these factors combine to bring down the cost of living in this small town considerably when compared to larger cities across America.
Minburn (zip 50167) has an unemployment rate of 3.0%. The US average is 6.0%.
Minburn (zip 50167) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 45.2%, which is higher than the US average of 33.5%.
Tax Rates for Minburn (zip 50167)
- The Sales Tax Rate for Minburn (zip 50167) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Minburn (zip 50167) 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 Minburn (zip 50167)
- The average income of a Minburn (zip 50167) resident is $31,811 a year. The US average is $37,638 a year.
- The Median household income of a Minburn (zip 50167) resident is $71,000 a year. The US average is $69,021 a year.