Fort Madison, IA (zip code 52627) is a small town located in Iowa and has an estimated population of 11,742. The average two bedroom rent in this area is $820, which is significantly cheaper than the US average of $1,430. The grocery cost index in Fort Madison is 93 compared to 100 for the US as a whole. Consequently, it's known for having an affordable cost of living.
This area offers many job opportunities as well. Local companies such as Hy-Vee, Lee County Health Department, and Heartland Financial USA Inc are all currently hiring new employees. All of these companies offer competitive wages and benefits to their employees depending on their role. With its low cost of living and abundance of employment opportunities in the area, Fort Madison is becoming increasingly popular with those looking for a more affordable place to live while still being able to secure gainful employment.
Fort Madison (zip 52627) has an unemployment rate of 5.7%. The US average is 6.0%.
Fort Madison (zip 52627) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 1.9%, which is lower than the US average of 33.5%.
Tax Rates for Fort Madison (zip 52627)
- The Sales Tax Rate for Fort Madison (zip 52627) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Madison (zip 52627) is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fort Madison (zip 52627)
- The average income of a Fort Madison (zip 52627) resident is $23,355 a year. The US average is $28,555 a year.
- The Median household income of a Fort Madison (zip 52627) resident is $51,861 a year. The US average is $69,021 a year.