50126 Iowa Falls, IA is a great place to live and work with its affordable rent and cost of living. The two bedroom rent in the area is $790 per month, which is significantly lower than the national average of $1430. Moreover, the Grocery Cost Index in Iowa Falls is 94 versus 100 US-wide. This makes it very easy for residents to budget for food and groceries.
Iowa Falls also offers a number of excellent jobs with many local companies such as Enercon Industries Corporation, Krystal Klean Inc., Agri Vision Equipment Group, Farmers State Bank and Trust Company, and Webster City Custom Meats. These companies provide great employment opportunities for local residents while providing quality goods and services to the community. In addition, residents can benefit from the close proximity to nearby cities like Ames and Cedar Rapids with access to additional job markets as well as entertainment venues.
Iowa Falls (zip 50126) has an unemployment rate of 4.5%. The US average is 6.0%.
Iowa Falls (zip 50126) has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 16.2%, which is lower than the US average of 33.5%.
Tax Rates for Iowa Falls (zip 50126)
- The Sales Tax Rate for Iowa Falls (zip 50126) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Iowa Falls (zip 50126) 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 Falls (zip 50126)
- The average income of a Iowa Falls (zip 50126) resident is $27,919 a year. The US average is $37,638 a year.
- The Median household income of a Iowa Falls (zip 50126) resident is $53,719 a year. The US average is $69,021 a year.