51536 Hancock, IA is a small town located in the middle of Iowa. The 2 bedroom rent here is $860 which is much lower than the US average of $1,430. It is a great place for those looking for an inexpensive place to live while still staying close to all the necessary amenities. Grocery cost index here is 93 versus 100 in the US making it an even more attractive living option.
The major employers in 51536 Hancock, IA include Hy-Vee Food Store, Wal-Mart Stores Inc., and Casey’s General Store. For groceries, some of the local stores include Hy-Vee Food Store, JP's Market & Deli, and Fareway Stores Inc. All three offer quality goods at competitive prices making them popular shopping destinations within the area.
Hancock (zip 51536) has an unemployment rate of 4.3%. The US average is 6.0%.
Hancock (zip 51536) has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.
Tax Rates for Hancock (zip 51536)
- The Sales Tax Rate for Hancock (zip 51536) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hancock (zip 51536) 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 Hancock (zip 51536)
- The average income of a Hancock (zip 51536) resident is $33,284 a year. The US average is $37,638 a year.
- The Median household income of a Hancock (zip 51536) resident is $64,167 a year. The US average is $69,021 a year.