Onawa, IA, a small town of 5,104 people located in Monona County, is a great place for those looking for an affordable lifestyle. With 2 bedroom rents starting at $800 compared to the US average of $1,430, rent can play a large role in overall savings. Additionally, Grocery Cost Index (GCI) in Onawa is 94 versus 100 in the US – another great way to save money. Local businesses like Monona Financial Institutions and Discount Tire of Onawa are present to provide quality services and goods. Living here may be cost-effective but it does not lack amenities.
Onawa (zip 51040) has an unemployment rate of 5.1%. The US average is 6.0%.
Onawa (zip 51040) has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 13.7%, which is lower than the US average of 33.5%.
Tax Rates for Onawa (zip 51040)
- The Sales Tax Rate for Onawa (zip 51040) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Onawa (zip 51040) 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 Onawa (zip 51040)
- The average income of a Onawa (zip 51040) resident is $29,113 a year. The US average is $37,638 a year.
- The Median household income of a Onawa (zip 51040) resident is $51,036 a year. The US average is $69,021 a year.