50517 Bancroft, IA is an ideal place to live due to its affordability and access to a wide variety of amenities. The 2 bedroom rent in this area is $780, which is less than half of the US average rent of $1,430. It also has a lower grocery cost index than the national average at 93 versus 100. This means it is more affordable to buy food here.
The town of Bancroft offers plenty of activities for residents such as local parks and golf courses. Local companies offering services in the area include Iocs Communications Inc., Bancroft Public Library, Bancroft Auto Service, and Elm Grocery Store LLC. There are also many restaurants and shops within walking distance that provide unique experiences for those who live here.
Overall, living in 50517 Bancroft, IA brings people closer to nature with plenty of opportunities to explore while still having access to essential services from local businesses. Its affordability makes it a perfect option for individuals or families looking for an inexpensive place to settle down and call home.
Bancroft (zip 50517) has an unemployment rate of 3.5%. The US average is 6.0%.
Bancroft (zip 50517) has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Bancroft (zip 50517)
- The Sales Tax Rate for Bancroft (zip 50517) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Bancroft (zip 50517) is 9.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bancroft (zip 50517)
- The average income of a Bancroft (zip 50517) resident is $27,917 a year. The US average is $28,555 a year.
- The Median household income of a Bancroft (zip 50517) resident is $48,750 a year. The US average is $69,021 a year.