Haverhill, Iowa (50120) is a small city located in Poweshiek County. It has a population of 563 people and offers a peaceful atmosphere that is great for families and individuals alike. With affordable housing options such as the average two bedroom rent being $780, this area is much more budget friendly than the US average at $1,430. The cost of living here is also lower than in other areas with the grocery cost index being 93 compared to 100 nationally. Additionally, there are plenty of local businesses to choose from including Hardeman Lumber Co., Haverhill Family Clinic, and Knutson’s Auto Repair that provide essential services and goods to the community.
Haverhill (zip 50120) has an unemployment rate of 7.8%. The US average is 6.0%.
Haverhill (zip 50120) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 10.3%, which is lower than the US average of 33.5%.
Tax Rates for Haverhill (zip 50120)
- The Sales Tax Rate for Haverhill (zip 50120) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Haverhill (zip 50120) 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 Haverhill (zip 50120)
- The average income of a Haverhill (zip 50120) resident is $37,892 a year. The US average is $37,638 a year.
- The Median household income of a Haverhill (zip 50120) resident is $103,750 a year. The US average is $69,021 a year.