Zip 50103 (Garden Grove, IA) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Iowa / No Metro Area / Decatur County / Garden Grove / Garden Grove (zip 50103)
Garden Grove, IA 50103 is a small city located in Decatur County. It has an estimated population of just over 300 people. Despite its small size, the city offers plenty of amenities to its residents. The median 2 bedroom rental price for Garden Grove is $720, much lower than the US national average of $1,430. Additionally, groceries are significantly cheaper in Garden Grove than other places with an index score of 93 versus 100 in the US. Local companies like Decatur County Equipment Inc., Garden Grove Country Store, and Boutique Unique offer employment opportunities within the city limits. All these factors make Garden Grove a popular place to live as it has a low cost of living compared to other places.

Garden Grove (zip 50103) has an unemployment rate of 3.2%. The US average is 6.0%.

Garden Grove (zip 50103) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.

Tax Rates for Garden Grove (zip 50103)
- The Sales Tax Rate for Garden Grove (zip 50103) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Garden Grove (zip 50103) 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 Garden Grove (zip 50103)
- The average income of a Garden Grove (zip 50103) resident is $22,433 a year. The US average is $37,638 a year.
- The Median household income of a Garden Grove (zip 50103) resident is $52,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGarden Grove, IowaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.