Galt, IA is a quaint town in Iowa with a population of 50101. The rent for a two bedroom apartment here is relatively cheaper than most places in the US, at $780. This makes Galt an attractive option for people looking to live on a budget. The grocery cost index in Galt is 90, which is lower than the US average of 100. This means that groceries are relatively more affordable in Galt than other places.
Galt has many local stores and businesses that make up its community such as Heartland Acres Agribition Center, Torellis Pizza, and K&H Tire Service & Repair Inc. All of these offer quality services at reasonable costs that help residents save money on their everyday needs.
Overall, Galt offers a good quality of life with an affordable cost of living. With its low rental rates and grocery costs, anyone looking for a relaxed lifestyle can find it here without breaking the bank.
Galt (zip 50101) has an unemployment rate of 3.9%. The US average is 6.0%.
Galt (zip 50101) has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 13.3%, which is lower than the US average of 33.5%.
Tax Rates for Galt (zip 50101)
- The Sales Tax Rate for Galt (zip 50101) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Galt (zip 50101) 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 Galt (zip 50101)
- The average income of a Galt (zip 50101) resident is $59,572 a year. The US average is $37,638 a year.
- The Median household income of a Galt (zip 50101) resident is $0 a year. The US average is $69,021 a year.