The city of Humboldt, Iowa (zip code 50548) is a great place for people looking for an affordable cost of living. The average 2 bedroom rent in Humboldt is only $750 compared to the US average of $1,430. Additionally, grocery costs are even lower at an index of 95 compared to the US average index of 100. Local businesses in Humboldt include Community State Bank, K & H Coop Grain, Inc., and Grede Foundries Inc. With such low rental rates and inexpensive grocery costs, it’s no surprise that this small city continues to attract new residents in search of an affordable lifestyle.
Humboldt (zip 50548) has an unemployment rate of 3.9%. The US average is 6.0%.
Humboldt (zip 50548) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.
Tax Rates for Humboldt (zip 50548)
- The Sales Tax Rate for Humboldt (zip 50548) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Humboldt (zip 50548) 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 Humboldt (zip 50548)
- The average income of a Humboldt (zip 50548) resident is $28,078 a year. The US average is $28,555 a year.
- The Median household income of a Humboldt (zip 50548) resident is $60,661 a year. The US average is $69,021 a year.