New Sharon, IA is a small city with a population of around 1,100 people located in Mahaska County. It offers affordable living as 2 Bedroom rent in the area costs only $810 versus the US average of $1,430. Additionally, New Sharon has a low grocery cost index of 95 versus the national average of 100. The city is known for its businesses and amenities like Anderson Auto Supply, New Sharon Family Medicine, and Abbie's Café. It also offers plenty of recreational activities such as camping at Lake Keomah State Park or visiting the Grant Wood Birthplace Site. With its affordability and local attractions, New Sharon is an ideal place to live for those looking for a peaceful home in Iowa.
New Sharon (zip 50207) has an unemployment rate of 3.9%. The US average is 6.0%.
New Sharon (zip 50207) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.
Tax Rates for New Sharon (zip 50207)
- The Sales Tax Rate for New Sharon (zip 50207) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Sharon (zip 50207) 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 Sharon (zip 50207)
- The average income of a New Sharon (zip 50207) resident is $27,408 a year. The US average is $28,555 a year.
- The Median household income of a New Sharon (zip 50207) resident is $68,676 a year. The US average is $69,021 a year.