Archer, IA (Zip Code 51231) is a small town located in the northwest corner of Iowa and has a population estimated at less than 300 people. Despite its small size, life in Archer can be expensive. The average rent for a two bedroom apartment is $820 compared to the national average of $1,430. Additionally, grocery costs are about 10 percent higher than the national average with an index of 91 compared to 100 in the US.
The town offers few local businesses and services including home repair companies like Danker Construction and Lesco Builders along with auto repair shops like Archer Automotive and Clean Car Auto Repair. Although Archer may not have much to offer in terms of shopping or entertainment, it does provide residents with access to inexpensive housing compared to other parts of the country.
Archer (zip 51231) has an unemployment rate of 3.3%. The US average is 6.0%.
Archer (zip 51231) 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 18.5%, which is lower than the US average of 33.5%.
Tax Rates for Archer (zip 51231)
- The Sales Tax Rate for Archer (zip 51231) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Archer (zip 51231) 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 Archer (zip 51231)
- The average income of a Archer (zip 51231) resident is $23,215 a year. The US average is $37,638 a year.
- The Median household income of a Archer (zip 51231) resident is $92,518 a year. The US average is $69,021 a year.