Zip 50102 (Garden City, IA) Economy


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United States / Iowa / No Metro Area / Hardin County / Garden City / Garden City (zip 50102)
Garden City, Iowa, is located in Polk County and has a population of 5,010. The cost of living is quite reasonable with a 2 bedroom rent costing $730 per month compared to the national average of $1,430. Groceries also have an index rating of 92 compared to 100 nationally. This makes Garden City a great place to live for those looking for a lower cost of living without sacrificing quality. There are many local businesses that help to make Garden City unique such as Hy-Vee Food Stores where residents can find groceries and other items; Neff Tractor Supply Co., an agricultural supply company; and Fieldhouse Bar & Grill, a popular spot to grab dinner or drinks with friends. With its reasonable costs and abundance of local businesses, Garden City is an ideal small town to call home.

Garden City (zip 50102) has an unemployment rate of 4.5%. The US average is 6.0%.

Garden City (zip 50102) has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 16.2%, which is lower than the US average of 33.5%.

Tax Rates for Garden City (zip 50102)
- The Sales Tax Rate for Garden City (zip 50102) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Garden City (zip 50102) 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 Garden City (zip 50102)
- The average income of a Garden City (zip 50102) resident is $22,923 a year. The US average is $37,638 a year.
- The Median household income of a Garden City (zip 50102) resident is $56,250 a year. The US average is $69,021 a year.

Income by Population Percent

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