Little Cedar, IA (zip code 50454) is a small rural community with a population of just over 500 people. There are several local businesses in this area, including a grocery store, post office and local hardware store. The average rent for a 2-bedroom apartment is $810 per month which is considerably lower than the US national average of $1,430. Additionally, the Grocery Cost Index also reflects this cost savings as it is 90 versus 100 for the US. Little Cedar offers its residents an affordable quality of life with many outdoor activities to enjoy such as fishing and hiking in nearby state parks. It's also close to larger cities for those seeking more amenities.
Little Cedar (zip 50454) has an unemployment rate of 3.4%. The US average is 6.0%.
Little Cedar (zip 50454) has seen the job market decrease by -12.6% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Little Cedar (zip 50454)
- The Sales Tax Rate for Little Cedar (zip 50454) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Little Cedar (zip 50454) 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 Little Cedar (zip 50454)
- The average income of a Little Cedar (zip 50454) resident is $36,789 a year. The US average is $37,638 a year.
- The Median household income of a Little Cedar (zip 50454) resident is $61,786 a year. The US average is $69,021 a year.