Iowa City, IA 52245 is a great place to live with lots of local amenities and companies. It is home to the University of Iowa, making it an ideal location for students and academics. Alongside many smaller businesses, some of the larger companies include Merchants Bonding Company, which specializes in surety bonds and insurance, Cambrex Corporation in pharmaceuticals manufacturing, United Fire Group providing insurance services, Stanley Consultants engineering firm and Myriad Mobile creating mobile solutions. Iowa City also has thriving biotech, IT and health care industries. With all these options available there is certainly something for everyone.
Iowa City (zip 52245) has an unemployment rate of 3.5%. The US average is 6.0%.
Iowa City (zip 52245) 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 52245)
- The Sales Tax Rate for Iowa City (zip 52245) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Iowa City (zip 52245) 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 52245)
- The average income of a Iowa City (zip 52245) resident is $39,925 a year. The US average is $37,638 a year.
- The Median household income of a Iowa City (zip 52245) resident is $69,381 a year. The US average is $69,021 a year.