50440 Grafton, IA is a vibrant community located in the heart of the state. With an estimated population of 803 people, it is small enough to be a close-knit community while still offering plenty of attractions and amenities for residents. The average two bedroom rent in 50440 Grafton is $780 which is significantly lower than the US average of $1,430. The grocery cost index in this area is also relatively low at 93 compared to the national average of 100.
The area boasts several local businesses such as Country Store Eatery, Bucks Pizza & Subs, and The Trails End Café which are all popular favorites among residents. When it comes to outdoor activities there are plenty for residents to do with the nearby golf course, fishing spots, and hiking trails that line the countryside. For those looking for some culture there’s a local theater and art museum that offer regular performances and exhibitions for visitors to enjoy. In addition to these attractions 50440 Grafton is known for its friendly atmosphere and welcoming locals who always make sure everyone feels at home.
Grafton (zip 50440) has an unemployment rate of 4.7%. The US average is 6.0%.
Grafton (zip 50440) has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Grafton (zip 50440)
- The Sales Tax Rate for Grafton (zip 50440) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Grafton (zip 50440) 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 Grafton (zip 50440)
- The average income of a Grafton (zip 50440) resident is $42,024 a year. The US average is $37,638 a year.
- The Median household income of a Grafton (zip 50440) resident is $87,500 a year. The US average is $69,021 a year.