Keystone, Iowa is a small city located in the northeast part of the state. With a population of 522 people, it is known for its rural charm and low cost of living. The average rent for a two-bedroom apartment in Keystone is $930, which is significantly lower than the national average of $1,430. Grocery prices are also lower than most other places due to the lower cost of living index which stands at 95 compared to 100 in the US.
The local economy is driven primarily by agricultural production such as livestock, hay farming and corn milled products. In addition to agriculture, there are many local businesses like Smokin' Hot Custom BBQ Catering Company, Storjohann Trucking Inc., Serle Roofing & Construction and Keystone Hardware & Supply Store that help to keep residents employed. Keystone also offers excellent outdoor recreation opportunities with their nature parks along with great access to nearby lakes for fishing and recreational boating activities.
Keystone (zip 52249) has an unemployment rate of 5.0%. The US average is 6.0%.
Keystone (zip 52249) has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Keystone (zip 52249)
- The Sales Tax Rate for Keystone (zip 52249) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Keystone (zip 52249) 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 Keystone (zip 52249)
- The average income of a Keystone (zip 52249) resident is $30,517 a year. The US average is $37,638 a year.
- The Median household income of a Keystone (zip 52249) resident is $77,292 a year. The US average is $69,021 a year.