Cylinder, Iowa (50528) is a small rural community located in Palo Alto County. The local population is estimated to be around 244 people. The cost of living in Cylinder is fairly low. A 2 bedroom rental in the town is only $780 per month, which is significantly lower than the US median of $1,430 for the same size property. Grocery costs are also below national averages with an index score of 93 versus 100 for the country as a whole.
Cylinder's local economy is made up primarily of small businesses and family run farms. Popular companies include Cylinder Co-Op Elevator & Farm Supply, Landscapes Plus Lawn Care & Snow Removal, and Wabash Valley Solutions Inc., offering a variety of services to meet the needs of residents and tourists alike. Thanks to its affordable housing and cost effective amenities, Cylinder has been able to stay competitive despite its small size.
Cylinder (zip 50528) has an unemployment rate of 3.6%. The US average is 6.0%.
Cylinder (zip 50528) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Cylinder (zip 50528)
- The Sales Tax Rate for Cylinder (zip 50528) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cylinder (zip 50528) 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 Cylinder (zip 50528)
- The average income of a Cylinder (zip 50528) resident is $37,866 a year. The US average is $28,555 a year.
- The Median household income of a Cylinder (zip 50528) resident is $103,603 a year. The US average is $69,021 a year.