The town of Aredale, IA has a population of 506 and is located in the northeast corner of Iowa. Rent for a two bedroom apartment is very affordable at $720 per month, making it a great option for families looking to save money on housing. Additionally, the local grocery cost index is 92 compared to the US average of 100, so groceries are relatively inexpensive relative to other places in the country.
The town of Aredale features many small businesses, such as The Yarn Store, B&K Lawn Care & Snow Removal, and Mayberry Hardware. These locally owned stores offer goods and services that can't be found anywhere else in town and provide a unique shopping experience. In addition to these small businesses there are several restaurants such as Hunter's Inn and Sweet Pea Bakery offering delicious meals for locals and tourists alike.
Overall, Aredale is an affordable place to live with plenty of local amenities and businesses. With its low rent prices and lower than average grocery costs it is a great option for anyone looking to save money while still having access to the necessary goods and services they need.
Aredale (zip 50605) has an unemployment rate of 4.5%. The US average is 6.0%.
Aredale (zip 50605) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 15.7%, which is lower than the US average of 33.5%.
Tax Rates for Aredale (zip 50605)
- The Sales Tax Rate for Aredale (zip 50605) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Aredale (zip 50605) 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 Aredale (zip 50605)
- The average income of a Aredale (zip 50605) resident is $25,533 a year. The US average is $28,555 a year.
- The Median household income of a Aredale (zip 50605) resident is $65,750 a year. The US average is $69,021 a year.