Cumberland, IA (50843) is a small town in Warren County, Iowa. It is a pleasant and welcoming community with a population of just under 500 people. Rent for two-bedroom houses in Cumberland is quite affordable at $810 per month, significantly lower than the national average of $1,430. Additionally, grocery costs in Cumberland are much more reasonable than the rest of the country with an index rating of 93 versus 100 for the US as a whole. Local businesses include Casey's General Store, Kwik Star convenience store, Dollar General and several dining establishments such as Hagen's Diner and Big Daddy's Bar & Grill. The city also provides access to amenities like banks, pharmacies and churches. It is an ideal location for those looking for peace and quiet while maintaining access to necessary services.
Cumberland (zip 50843) has an unemployment rate of 4.1%. The US average is 6.0%.
Cumberland (zip 50843) has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 15.1%, which is lower than the US average of 33.5%.
Tax Rates for Cumberland (zip 50843)
- The Sales Tax Rate for Cumberland (zip 50843) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cumberland (zip 50843) is 9.1%. The US average is 4.6%.
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Income and Salaries for Cumberland (zip 50843)
- The average income of a Cumberland (zip 50843) resident is $21,605 a year. The US average is $37,638 a year.
- The Median household income of a Cumberland (zip 50843) resident is $45,109 a year. The US average is $69,021 a year.