Albia, IA is a small city located in Monroe County with an estimated population of 2,955. It offers an affordable lifestyle with 2 bedroom rent costing only $800 per month. Additionally, the grocery cost index in Albia is 94, which is 6 points lower than the national average. This makes it significantly easier for people residing in Albia to stretch their money further. Residents of Albia can find work at local businesses such as United Farmers Cooperative and Coats-Gould Funeral Home. The median age in Albia is 37.3 years old according to the 2018 US Census Bureau and its unemployment rate of 4.9% is much lower than the national average of 6.7%.
Albia (zip 52531) has an unemployment rate of 4.2%. The US average is 6.0%.
Albia (zip 52531) has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 19.2%, which is lower than the US average of 33.5%.
Tax Rates for Albia (zip 52531)
- The Sales Tax Rate for Albia (zip 52531) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Albia (zip 52531) 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 Albia (zip 52531)
- The average income of a Albia (zip 52531) resident is $32,854 a year. The US average is $37,638 a year.
- The Median household income of a Albia (zip 52531) resident is $68,125 a year. The US average is $69,021 a year.