Located in the small town of Berwick, Iowa (50032), life is comfortable and affordable. The average two bedroom rent in this area is $1,170 per month, which is significantly lower than the US average of $1,430. Grocery costs are also more affordable with an index score of 95 compared to a national benchmark of 100. Local businesses in the area include Berwick C Store, which offers snacks and beverages for the community; R&G Auto Repair, providing quality auto repair services; Big Red Lounge, a popular bar and grill; and Hawkeye Salvage & Auction offering parts from salvaged vehicles.
Berwick (zip 50032) has an unemployment rate of 4.6%. The US average is 6.0%.
Berwick (zip 50032) has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.
Tax Rates for Berwick (zip 50032)
- The Sales Tax Rate for Berwick (zip 50032) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Berwick (zip 50032) 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 Berwick (zip 50032)
- The average income of a Berwick (zip 50032) resident is $21,893 a year. The US average is $28,555 a year.
- The Median household income of a Berwick (zip 50032) resident is $16,855 a year. The US average is $69,021 a year.