New Hartford, IA is an idyllic rural community located in Butler County. The two-bedroom rent in the area is $820, which is significantly lower than the US average of $1,430. Additionally, grocery costs are also lower compared to the national average; with a grocery cost index of 95 versus 100 in the US. New Hartford has many local businesses that contribute to its vibrant economic environment; some of these include Buter County State Bank, Shaffer Excavating & Construction, and Wagon Wheel Pizza & Steakhouse. These companies play an important role in providing employment opportunities for local residents and contributing to New Hartford’s economy.
New Hartford (zip 50660) has an unemployment rate of 4.5%. The US average is 6.0%.
New Hartford (zip 50660) has seen the job market decrease by -0.7% 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 New Hartford (zip 50660)
- The Sales Tax Rate for New Hartford (zip 50660) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Hartford (zip 50660) 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 New Hartford (zip 50660)
- The average income of a New Hartford (zip 50660) resident is $28,503 a year. The US average is $37,638 a year.
- The Median household income of a New Hartford (zip 50660) resident is $75,625 a year. The US average is $69,021 a year.