Albert City, IA is a small town with a population of 505 and an affordable housing market. Two bedroom rent in Albert City is very affordable at $800 compared to the US average of $1,430. Additionally, grocery costs are lower than the US average, with an index of 93 versus 100 in the US. For those seeking an affordable place to live, Albert City is an ideal choice. The town offers many local businesses and amenities including several restaurants, coffee shops, grocery stores, and medical facilities. There are also several parks in the area for outdoor recreation and walking trails for nature lovers. With its low cost of living and abundance of services and amenities, Albert City is a great place for anyone looking for an affordable rental option close to all they need.
Albert City (zip 50510) has an unemployment rate of 3.0%. The US average is 6.0%.
Albert City (zip 50510) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Albert City (zip 50510)
- The Sales Tax Rate for Albert City (zip 50510) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Albert City (zip 50510) 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 Albert City (zip 50510)
- The average income of a Albert City (zip 50510) resident is $27,523 a year. The US average is $28,555 a year.
- The Median household income of a Albert City (zip 50510) resident is $77,596 a year. The US average is $69,021 a year.