Meservey, IA is a small rural city with a population of 50457. The average rent for two-bedroom apartments in Meservey is $730 per month, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Meservey is 92 compared to 100 in the US. With such affordable living costs, it's no wonder that many businesses choose to call Meservey home. Local companies include POET Biorefining - Hanlontown plant, Meservey Companies Inc., and JCB Farms LLC. POET Biorefining operates an ethanol production facility and provides employment opportunities to over 140 local workers. Meservey Companies Inc. specializes in fertilizer and feed manufacturing for farms across Iowa and has been around since 1915. JCB Farms LLC offers agronomy services, grain marketing advice, and other agricultural support services throughout the region.
Meservey (zip 50457) has an unemployment rate of 4.3%. The US average is 6.0%.
Meservey (zip 50457) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.
Tax Rates for Meservey (zip 50457)
- The Sales Tax Rate for Meservey (zip 50457) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Meservey (zip 50457) 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 Meservey (zip 50457)
- The average income of a Meservey (zip 50457) resident is $29,883 a year. The US average is $28,555 a year.
- The Median household income of a Meservey (zip 50457) resident is $60,000 a year. The US average is $69,021 a year.