Dakota City, IA, with a population of 50529, has a 2 Bedroom Rent at $800 per month. This is significantly lower than the US average rent of $1,430 for 2 Bedrooms. Additionally, the Grocery Cost Index in Dakota City is 93 versus 100 in the US. This implies that groceries are more affordable in Dakota City. The town is home to many noteworthy local companies such as Fulton Financial Corporation, Primex Plastics Corporation and Hillcrest Family Services. Many other smaller businesses also contribute to the economy of Dakota City, making it an attractive place to live and work.
Dakota City (zip 50529) has an unemployment rate of 3.9%. The US average is 6.0%.
Dakota City (zip 50529) has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.
Tax Rates for Dakota City (zip 50529)
- The Sales Tax Rate for Dakota City (zip 50529) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Dakota City (zip 50529) 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 Dakota City (zip 50529)
- The average income of a Dakota City (zip 50529) resident is $28,359 a year. The US average is $37,638 a year.
- The Median household income of a Dakota City (zip 50529) resident is $58,942 a year. The US average is $69,021 a year.