Coon Rapids, Iowa (population 50058) is a small city located in the Midwestern United States. It is a great place to raise a family or retire with its low cost of living. The typical two bedroom rental here costs just $870 per month compared to $1,430 for the same size apartment in the US on average. Grocery costs are also cheaper at 94 on the cost index versus 100 in the US.
Coon Rapids is home to some of Iowa's best attractions including Adventureland Park which has rides and shows for all ages or spend an afternoon learning about its history at the Coon Rapids Historical Museum. The local economy is supported by businesses like North Star Auto Group, which sells Honda vehicles; Key Cooperative providing agriculture services; and Family Video offering DVDs and Blu-Rays for rent. With so much to offer, Coon Rapids is an excellent option for those looking for a peaceful environment with affordable living costs.
Coon Rapids (zip 50058) has an unemployment rate of 3.1%. The US average is 6.0%.
Coon Rapids (zip 50058) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 21.2%, which is lower than the US average of 33.5%.
Tax Rates for Coon Rapids (zip 50058)
- The Sales Tax Rate for Coon Rapids (zip 50058) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Coon Rapids (zip 50058) 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 Coon Rapids (zip 50058)
- The average income of a Coon Rapids (zip 50058) resident is $30,835 a year. The US average is $37,638 a year.
- The Median household income of a Coon Rapids (zip 50058) resident is $58,804 a year. The US average is $69,021 a year.