Zip 50638 (Grundy Center, IA) Economy


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Grundy Center, Iowa (zip 50638) is a small city located in Grundy County. It offers an affordable cost of living; 2 bedroom rents are only $820 per month versus the US median of $1,430. Grocery costs are also lower than the US average, with the cost index at 95. Residents can look forward to a variety of local businesses including Heart of Iowa MarketPlace, American Family Insurance, and Grundy Center Public Library. There are also several dining options such as J & J Pizza or the popular restaurant El Azteca. With its low cost of living and abundance of services and activities, Grundy Center is a great place to live for those looking for an affordable lifestyle.

Grundy Center (zip 50638) has an unemployment rate of 4.3%. The US average is 6.0%.

Grundy Center (zip 50638) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 19.6%, which is lower than the US average of 33.5%.

Tax Rates for Grundy Center (zip 50638)
- The Sales Tax Rate for Grundy Center (zip 50638) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Grundy Center (zip 50638) 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 Grundy Center (zip 50638)
- The average income of a Grundy Center (zip 50638) resident is $29,661 a year. The US average is $28,555 a year.
- The Median household income of a Grundy Center (zip 50638) resident is $76,038 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrundy Center, IowaUnited States
  4.36
  -6.9%-6.2%
  19.6%33.5%
  7.0%6.2%
  7.5%4.6%
  $34,750$37,638
  $76,038$69,021
  $83,389$85,028
  Population by Occupation
  9.2%1.2%
  0.4%0.5%
  9.4%6.8%
  13.4%10.0%
  3.1%2.5%
  9.5%11.0%
  3.9%4.8%
  0.5%0.8%
  0.6%1.9%
  3.5%4.7%
  0.1%1.9%
  3.0%7.6%
  0.0%0.1%
  1.5%4.2%
  7.4%9.3%
  19.3%14.0%
  1.8%2.1%
  3.9%7.0%
  7.5%4.8%
  2.1%4.7%
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