Iowa City, IA with the zip code 52246 is a bustling city that offers plenty of amenities for residents. The median 2 bedroom rent price in the area is $1,130 - significantly lower than that of other U.S. cities which stands at $1,430. In addition to affordable rent prices, the cost of groceries in Iowa City also has an index of 100 versus the US index of 100 giving locals another financial benefit when it comes to day to day living expenses.
The many businesses within Iowa City provide even more convenience and benefit for residents. Popular stores such as Hy-Vee grocery store, Target department store, and Food & Liquor Mart offer a range of products and services for locals to take advantage of. For those looking for entertainment there are movie theaters like Sycamore 12 Cinema and Marcus Coral Ridge Cinema that show all the latest films. Additionally there are countless restaurants offering delicious cuisine from traditional American fare to ethnic dishes like Indian food at Maharaja Indian Cuisine or Mediterranean food at Nadims Mediterranean Grill. With so many wonderful options available in Iowa City, residents have access to everything they could need or want just minutes from their homes
Iowa City (zip 52246) has an unemployment rate of 3.5%. The US average is 6.0%.
Iowa City (zip 52246) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Iowa City (zip 52246)
- The Sales Tax Rate for Iowa City (zip 52246) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Iowa City (zip 52246) 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 Iowa City (zip 52246)
- The average income of a Iowa City (zip 52246) resident is $39,613 a year. The US average is $37,638 a year.
- The Median household income of a Iowa City (zip 52246) resident is $48,507 a year. The US average is $69,021 a year.