Goldfield, IA is a small town located in Wright County with a population of 505. The average rent for a two bedroom apartment in the area is $770 per month, making it significantly less expensive than the national average of $1,430. Additionally, compared to the national Grocery Cost Index of 100, the index in Goldfield stands at just 92. This low cost of living makes it an attractive option for families looking to settle down.
Residents in Goldfield have access to several local stores for their daily needs such as Wright Stop Grocery and Fuelies BP Gas Station. There are also many popular restaurants like Jakes Roadhouse and Hen House Steakhouse that serve delicious meals at competitive prices.
Overall, Goldfield is a great place to live due to its low cost of living and abundance of amenities in the area.
Goldfield (zip 50542) has an unemployment rate of 3.9%. The US average is 6.0%.
Goldfield (zip 50542) 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 Goldfield (zip 50542)
- The Sales Tax Rate for Goldfield (zip 50542) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Goldfield (zip 50542) 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 Goldfield (zip 50542)
- The average income of a Goldfield (zip 50542) resident is $32,473 a year. The US average is $37,638 a year.
- The Median household income of a Goldfield (zip 50542) resident is $63,056 a year. The US average is $69,021 a year.