Charles City, IA (50616) is a city in northern Iowa with an estimated population of 7,652. Charles City has an array of local businesses and attractions, such as the Charles City Cattle Company and the Cultural Art Center. The two-bedroom rent in this area is $770, which is significantly lower than the national average of $1,430. Additionally, grocery prices have an index of 93 compared to 100 in the US. This makes living in Charles City quite affordable. With its mix of rural charm and urban amenities, Charles City offers something for everyone - from outdoor activities at Brushy Creek State Recreation Area to nights out on the town at the Floyd County Brewing Company.
Charles City (zip 50616) has an unemployment rate of 4.6%. The US average is 6.0%.
Charles City (zip 50616) has seen the job market decrease by -9.9% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Charles City (zip 50616)
- The Sales Tax Rate for Charles City (zip 50616) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Charles City (zip 50616) 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 Charles City (zip 50616)
- The average income of a Charles City (zip 50616) resident is $31,572 a year. The US average is $37,638 a year.
- The Median household income of a Charles City (zip 50616) resident is $53,322 a year. The US average is $69,021 a year.