Sumner, IA is a small town with an estimated population of just 506 people. The average 2 bedroom rent in the area is $860, which is substantially lower than the national average of $1,430. The local grocery cost index is also lower than the US at 93 as opposed to 100. For those looking for affordable living, Sumner offers great value when it comes to housing and food costs. Those looking for accommodation can contact local real estate companies like Westwind Real Estate or Timm Property Group LLC who are both based in the area. Groceries can be bought from nearby stores such as Sumner Foodtown or Fareway Stores Inc.
Sumner (zip 50674) has an unemployment rate of 3.4%. The US average is 6.0%.
Sumner (zip 50674) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.
Tax Rates for Sumner (zip 50674)
- The Sales Tax Rate for Sumner (zip 50674) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sumner (zip 50674) 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 Sumner (zip 50674)
- The average income of a Sumner (zip 50674) resident is $35,633 a year. The US average is $37,638 a year.
- The Median household income of a Sumner (zip 50674) resident is $62,750 a year. The US average is $69,021 a year.