Orchard, IA is a small city located in Sioux County with an estimated population of 200 people. Orchard has a very low cost of living in comparison to the rest of the United States. The 2 Bedroom Rent in Orchard is $930, which is much lower than the US average 2 Bedroom Rent of $1,430. Grocery costs are also relatively low, with a grocery cost index in Orchard of 99 versus 100 for the US on average.
The city offers several local amenities close by such as the Sioux Ridge Golf Course and Country Club and Palisades State Park. There are also many businesses in Orchard such as MAE Property Solutions LLC, Midwest Carpet Cleaners Inc., and Automotive Service Center, providing services to residents and visitors alike.
Orchard (zip 50460) has an unemployment rate of 3.4%. The US average is 6.0%.
Orchard (zip 50460) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Orchard (zip 50460)
- The Sales Tax Rate for Orchard (zip 50460) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Orchard (zip 50460) 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 Orchard (zip 50460)
- The average income of a Orchard (zip 50460) resident is $18,916 a year. The US average is $28,555 a year.
- The Median household income of a Orchard (zip 50460) resident is $76,193 a year. The US average is $69,021 a year.