50108 Grand River, IA is home to several local companies and enterprises. The town is close to the Iowa Great Lakes area and has an affordable housing market with a two-bedroom rent of $720 compared to the US average of $1,430. Grocery costs are slightly lower than the national average at 91 index points versus 100 in the US. Popular local businesses include Grand River Lanes bowling alley, Linn's Restaurant for family-style dining, and outdoor recreation at nearby Lost Island Water Park. Grand River also boasts its own historic theatre, the Mason Theatre which opened in 1922. Other attractions include the Graham Park walking trail and Hawkeye Wildlife Area for nature lovers.
Grand River (zip 50108) has an unemployment rate of 3.2%. The US average is 6.0%.
Grand River (zip 50108) 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 Grand River (zip 50108)
- The Sales Tax Rate for Grand River (zip 50108) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Grand River (zip 50108) 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 Grand River (zip 50108)
- The average income of a Grand River (zip 50108) resident is $25,736 a year. The US average is $37,638 a year.
- The Median household income of a Grand River (zip 50108) resident is $34,861 a year. The US average is $69,021 a year.