Middletown, Iowa (52638) is a small town located in the southwestern part of the state. The cost of living is very low compared to the US average, making it an attractive place to live for those who are looking for affordable housing. A two bedroom apartment in Middletown costs around $940 on average, while the national US average is $1,430. The Grocery Cost Index for Middletown is 95 compared to 100 in the US.
In terms of stores and businesses, Middletown has a few popular local shops such as Best Buy and Walmart. Other nearby stores include Hy-Vee Supermarket and Farm & Fleet. There's also plenty of restaurants that offer delicious home style cuisine including Big Al's Diner and Ron's Restaurant & Catering. All these amenities provide convenient access to everyday necessities without having to leave town.
Middletown (zip 52638) has an unemployment rate of 6.0%. The US average is 6.0%.
Middletown (zip 52638) has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 15.7%, which is lower than the US average of 33.5%.
Tax Rates for Middletown (zip 52638)
- The Sales Tax Rate for Middletown (zip 52638) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Middletown (zip 52638) 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 Middletown (zip 52638)
- The average income of a Middletown (zip 52638) resident is $24,196 a year. The US average is $28,555 a year.
- The Median household income of a Middletown (zip 52638) resident is $64,318 a year. The US average is $69,021 a year.