52563 Hedrick, IA is a lively town located in Keokuk County. Its proximity to big cities like Iowa City and Des Moines makes it an ideal location for renters looking for a reasonable rent price and the convenience of nearby amenities. The average two bedroom rent in Hedrick is $780 which is significantly lower than the national average of $1430. This makes it an attractive option to those wanting to save money while still having access to amenities such as grocery stores, banks, restaurants and more. The Grocery Cost Index in Hedrick is 92 compared to the US’s 100, which further justifies its low cost of living. There are many local companies in 52563 Hedrick, including Herman Brothers Hilltop Service Station, Quality Insulation Co., Creek Enterprises LLC and Oltrogge Automotive Repair Inc., all offering services that help make life more convenient for residents in this area.
Hedrick (zip 52563) has an unemployment rate of 4.8%. The US average is 6.0%.
Hedrick (zip 52563) has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 16.1%, which is lower than the US average of 33.5%.
Tax Rates for Hedrick (zip 52563)
- The Sales Tax Rate for Hedrick (zip 52563) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hedrick (zip 52563) 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 Hedrick (zip 52563)
- The average income of a Hedrick (zip 52563) resident is $23,467 a year. The US average is $28,555 a year.
- The Median household income of a Hedrick (zip 52563) resident is $74,609 a year. The US average is $69,021 a year.