Corwith, IA is a small city located in Hancock County. With a population of just 504, it is one of the smaller cities in the state. The 2 bedroom rent in Corwith is $710, which is significantly lower than the US average of $1,430. In terms of grocery costs, Corwith has an index score of 91 compared to 100 for the United States overall.
Residents of Corwith have access to several local businesses and amenities. There are a number of family-owned businesses that offer goods and services such as groceries, pharmacies, hardware stores, and restaurants. There are also churches within the city limits and an elementary school offering educational opportunities for children up to fifth grade. Parks provide recreational activities such as fishing and camping while several local golf courses provide additional outdoor fun.
Corwith (zip 50430) has an unemployment rate of 3.8%. The US average is 6.0%.
Corwith (zip 50430) has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 19.7%, which is lower than the US average of 33.5%.
Tax Rates for Corwith (zip 50430)
- The Sales Tax Rate for Corwith (zip 50430) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Corwith (zip 50430) is 9.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Corwith (zip 50430)
- The average income of a Corwith (zip 50430) resident is $32,201 a year. The US average is $37,638 a year.
- The Median household income of a Corwith (zip 50430) resident is $52,321 a year. The US average is $69,021 a year.