Lester, Iowa (zip code 51242) is a small town located in western Iowa with a population of only 586 people according to the 2019 census. The cost of living in Lester is quite affordable compared to other cities and towns throughout the United States. 2 bedroom rent in Lester averages around $780 per month which is significantly lower than the US average of $1,430. Additionally, grocery cost index in this small community is 94 versus 100 in the US.
Lester provides plenty of job opportunities with local businesses such as Hy-Vee, an American employee-owned supermarket chain that operates over 245 stores all across 8 states; and Sunrise Feeds and Supply Inc., an agricultural production business that has been providing quality feed products since 2001. Other nearby businesses include Best Western Regency Inn & Suites, J&T Autoworks, Midwest Sanitation Services Inc., and Wiebke Fur Co. Overall, Lester provides many options for employment and a wonderful quality of life with its low cost of living making it an ideal location for those who are looking for a relaxed atmosphere to raise their families or retire.
Lester (zip 51242) has an unemployment rate of 2.7%. The US average is 6.0%.
Lester (zip 51242) has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Lester (zip 51242)
- The Sales Tax Rate for Lester (zip 51242) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lester (zip 51242) 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 Lester (zip 51242)
- The average income of a Lester (zip 51242) resident is $32,148 a year. The US average is $37,638 a year.
- The Median household income of a Lester (zip 51242) resident is $73,269 a year. The US average is $69,021 a year.