Mingo, IA, with a population of 50168 people, is an excellent place to live. The 2 bedroom rent is significantly lower than the national average of $1,430 at $850. Furthermore, the Grocery Cost Index in Mingo is 97 versus 100 in the US making groceries less expensive as well. For local businesses, resident can shop at stores such as Mingo Country Store for everyday needs or Molly's Cafe for a delicious meal and coffee. Other popular shops include Hawk's Country Store and Mingo Florist.
Mingo (zip 50168) has an unemployment rate of 4.5%. The US average is 6.0%.
Mingo (zip 50168) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Mingo (zip 50168)
- The Sales Tax Rate for Mingo (zip 50168) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mingo (zip 50168) 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 Mingo (zip 50168)
- The average income of a Mingo (zip 50168) resident is $28,096 a year. The US average is $28,555 a year.
- The Median household income of a Mingo (zip 50168) resident is $89,792 a year. The US average is $69,021 a year.