New Liberty, IA, is a small city located in Jones County with a population of approximately 527. The area is known for its rich agricultural history, and the cost of living here is relatively low. Two bedroom rent in the area is $910 compared to the US average of $1,430. In addition, grocery cost index is 95 versus 100 in the US. New Liberty is home to many local companies, such as the historic Bickelhaupt Sawmill that has been operating since 1875 and Farmer’s Coop Store; which provides local farmers with quality products and services at competitive prices. There are also several small businesses like J&J Lawncare & Snow Removal and Reinders Taxidermy that contribute to the economy of New Liberty.
New Liberty (zip 52765) has an unemployment rate of 5.4%. The US average is 6.0%.
New Liberty (zip 52765) has seen the job market decrease by -7.8% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for New Liberty (zip 52765)
- The Sales Tax Rate for New Liberty (zip 52765) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Liberty (zip 52765) 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 New Liberty (zip 52765)
- The average income of a New Liberty (zip 52765) resident is $52,265 a year. The US average is $37,638 a year.
- The Median household income of a New Liberty (zip 52765) resident is $89,375 a year. The US average is $69,021 a year.