Fenton, Iowa (50539) is a small city located in the northwest corner of Kossuth County. It is home to less than 1,000 people and has a total area of 0.62 square miles. Fenton is known for its diverse businesses and offers an array of services such as a local grocery store, veterinary clinic, hardware store, and several other businesses. The 2 Bedroom rent in Fenton is $710 which is considerably lower than the national average of $1,430. Additionally, groceries in this area are much more affordable with a cost index of 91 compared to the US average of 100. Local businesses include Schutjer Implement Co., Fenton Veterinary Clinic, and Schultz Hardware & Appliance LLC all providing their respective services at competitive prices.
Fenton (zip 50539) has an unemployment rate of 3.5%. The US average is 6.0%.
Fenton (zip 50539) has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Fenton (zip 50539)
- The Sales Tax Rate for Fenton (zip 50539) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fenton (zip 50539) 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 Fenton (zip 50539)
- The average income of a Fenton (zip 50539) resident is $38,505 a year. The US average is $28,555 a year.
- The Median household income of a Fenton (zip 50539) resident is $59,167 a year. The US average is $69,021 a year.