Bradford, IA is a small town with a population of 500 citizens. It has a very affordable cost of living compared to the US average, as 2 bedroom rents in the area are $760 versus $1,430 for the US as a whole. Additionally, grocery costs in Bradford are 91 on the Index compared to 100 in the US. This makes Bradford an attractive place to live or start a business.
There are several local companies based in Bradford such as Arnold Sports and Hobby Shop, Valley View Golf Course, Barnes & Noble Tractor Supply and more. These businesses capitalize off of the town's low cost of living providing residents with a variety of services including sports and hobby equipment, golf courses, tractors and more.
Bradford (zip 50041) has an unemployment rate of 4.1%. The US average is 6.0%.
Bradford (zip 50041) has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Bradford (zip 50041)
- The Sales Tax Rate for Bradford (zip 50041) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Bradford (zip 50041) 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 Bradford (zip 50041)
- The average income of a Bradford (zip 50041) resident is $25,421 a year. The US average is $37,638 a year.
- The Median household income of a Bradford (zip 50041) resident is $0 a year. The US average is $69,021 a year.