Forest City, Iowa is a small town located in the north-central part of the state with a population of 4,036. The cost of living in this area is significantly less than other places in America which makes it an ideal place for people looking to save money. For example, the average two bedroom rent is $850 compared to $1,430 nationally. Additionally, the Grocery Cost Index for Forest City is 94 versus 100 on average in the US.
In terms of local companies, there are several that call Forest City home such as Winnebago Industries Inc., Rydell Chevrolet Buick GMC Cadillac, and Waldorf College and University. These local businesses offer residents employment opportunities while contributing to the local economy.
To sum up, living in Forest City provides a great balance between quality of life and affordability. With low costs and plenty of jobs available from reputable businesses like Winnebago Industries Inc., Rydell Chevrolet Buick GMC Cadillac, and Waldorf College & University there’s no better place to live if you’re looking for an affordable way to have a good life!
Forest City (zip 50436) has an unemployment rate of 4.1%. The US average is 6.0%.
Forest City (zip 50436) has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.
Tax Rates for Forest City (zip 50436)
- The Sales Tax Rate for Forest City (zip 50436) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Forest City (zip 50436) 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 Forest City (zip 50436)
- The average income of a Forest City (zip 50436) resident is $30,079 a year. The US average is $37,638 a year.
- The Median household income of a Forest City (zip 50436) resident is $57,440 a year. The US average is $69,021 a year.