51527 Defiance, Iowa is a small city situated in the eastern part of the state. It has a population of around 500 people and offers a comfortable lifestyle with affordable housing options. The average 2 bedroom rent in Defiance is only $810 compared to the US average of $1,430. Furthermore, the grocery cost index in Defiance is 94 versus 100 in the US, making it an attractive place to live for many budget-conscious individuals.
The local economy consists mainly of small businesses such as Century 21 Central Realty & Auction Co., Eastman Well Drilling Inc., and Pritchard Equipment Co., which offer various employment opportunities for locals. Other employers are Grundy County Memorial Hospital, Hy-Vee Inc., and FCI Construction LLC. With its rural location and low cost of living, 51527 Defiance, IA provides excellent job opportunities for those looking to settle down close to nature at an affordable cost.
Defiance (zip 51527) has an unemployment rate of 3.5%. The US average is 6.0%.
Defiance (zip 51527) has seen the job market decrease by -7.6% over the last year. Future job growth over the next ten years is predicted to be 16.4%, which is lower than the US average of 33.5%.
Tax Rates for Defiance (zip 51527)
- The Sales Tax Rate for Defiance (zip 51527) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Defiance (zip 51527) 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 Defiance (zip 51527)
- The average income of a Defiance (zip 51527) resident is $31,106 a year. The US average is $37,638 a year.
- The Median household income of a Defiance (zip 51527) resident is $69,688 a year. The US average is $69,021 a year.