Marcus, IA is a small town located in western Iowa. The population of the town is 51035 as per the 2010 census. It is home to two main companies, Marcus Lumber Company and Marcus Feed & Grain Co., both of which provide local employment opportunities. The cost of living in Marcus, IA is quite reasonable compared to other parts of the US – rent for a two bedroom apartment averages at $800 and groceries are indexed at 93 on the U.S. average index (versus 100). With its close proximity to Sioux City and its low cost of living, Marcus, IA remains an ideal place to raise a family or retire comfortably.
Marcus (zip 51035) has an unemployment rate of 3.9%. The US average is 6.0%.
Marcus (zip 51035) has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Marcus (zip 51035)
- The Sales Tax Rate for Marcus (zip 51035) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Marcus (zip 51035) 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 Marcus (zip 51035)
- The average income of a Marcus (zip 51035) resident is $45,814 a year. The US average is $37,638 a year.
- The Median household income of a Marcus (zip 51035) resident is $68,333 a year. The US average is $69,021 a year.