Somers, IA, is a small town located in the heart of Iowa. With a population of only 505 people, rental costs are much lower than the US average of $1,430 for two bedroom apartments which cost an average of $780. Grocery prices here also tend to be more affordable with an index rating of 94 compared to 100 in the US. Local businesses in Somers include Wirtz Brothers Farm Service, Inc., a family-owned agricultural supply store, and JJ’s Garage Door Service, providing repair and installation services for garage doors and openers. There are also several restaurants in the area like The Pizza Ranch and China House Buffet & Grill.
Somers (zip 50586) has an unemployment rate of 3.7%. The US average is 6.0%.
Somers (zip 50586) has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 18.4%, which is lower than the US average of 33.5%.
Tax Rates for Somers (zip 50586)
- The Sales Tax Rate for Somers (zip 50586) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Somers (zip 50586) 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 Somers (zip 50586)
- The average income of a Somers (zip 50586) resident is $20,462 a year. The US average is $37,638 a year.
- The Median household income of a Somers (zip 50586) resident is $45,833 a year. The US average is $69,021 a year.