Zip 50583 (Sac City, IA) Economy


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United States / Iowa / No Metro Area / Sac County / Sac City / Sac City (zip 50583)
Sac City, IA is a town with a population of 50583. It has a low cost of living, making it an attractive place to live for people on a budget. The average rent for a two bedroom apartment in Sac City is $780 per month, which is much lower than the US average of $1,430. Furthermore, the Grocery Cost Index locally is 93 compared to the national average of 100. This means that groceries are less expensive here than in most other places.
The small city has plenty to offer as well. There are many local businesses including Sac City Auto Sales and Dons Heating and Air Conditioning. There are also several dining options within the city limits such as Prairie House Restaurant & Bar and LJ’s Cafe & Bakery where you can get great food at reasonable prices. Overall, Sac City makes an excellent place to live with its low cost of living and local businesses that provide everything you need to live comfortably.

Sac City (zip 50583) has an unemployment rate of 3.8%. The US average is 6.0%.

Sac City (zip 50583) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 16.9%, which is lower than the US average of 33.5%.

Tax Rates for Sac City (zip 50583)
- The Sales Tax Rate for Sac City (zip 50583) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sac City (zip 50583) 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 Sac City (zip 50583)
- The average income of a Sac City (zip 50583) resident is $27,243 a year. The US average is $28,555 a year.
- The Median household income of a Sac City (zip 50583) resident is $51,156 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySac City, IowaUnited States
  3.86
  -4.7%-6.2%
  16.9%33.5%
  7.0%6.2%
  7.5%4.6%
  $32,951$37,638
  $51,156$69,021
  $69,625$85,028
  Population by Occupation
  5.9%1.2%
  0.2%0.5%
  5.8%6.8%
  13.1%10.0%
  5.0%2.5%
  10.9%11.0%
  8.6%4.8%
  0.7%0.8%
  0.4%1.9%
  4.4%4.7%
  1.5%1.9%
  8.2%7.6%
  0.0%0.1%
  0.0%4.2%
  5.3%9.3%
  18.7%14.0%
  2.7%2.1%
  1.1%7.0%
  2.5%4.8%
  5.0%4.7%
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