50421 Belmond, IA is a small town located in Wright County. With a population of only 2,582 people, it offers a much more relaxed atmosphere compared to larger cities. It's 2 bedroom rent rate is $800 which is significantly lower than the national average of $1,430. This makes it an attractive location for those looking to save money on housing costs. On top of that, groceries are more affordable in 50421 Belmond as well with the Grocery Cost Index at 94 versus 100 in the US.
The local businesses in 50421 Belmond include The Happy Plumber, Kelderman Ready Mix Concrete Co., and Farmers State Bank Of Klemme. These businesses offer residents a range of services from plumbing repairs to banking needs.
Overall, 50421 Belmond is an ideal place for those looking for a small community with plenty of attractions and activities close by and a relatively low cost of living when compared to other parts of the US.
Belmond (zip 50421) has an unemployment rate of 3.9%. The US average is 6.0%.
Belmond (zip 50421) has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 13.3%, which is lower than the US average of 33.5%.
Tax Rates for Belmond (zip 50421)
- The Sales Tax Rate for Belmond (zip 50421) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Belmond (zip 50421) 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 Belmond (zip 50421)
- The average income of a Belmond (zip 50421) resident is $27,682 a year. The US average is $37,638 a year.
- The Median household income of a Belmond (zip 50421) resident is $52,639 a year. The US average is $69,021 a year.