Zip 50458 (Nora Springs, IA) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Iowa / No Metro Area / Floyd County / Nora Springs / Nora Springs (zip 50458)
Nora Springs, IA (zip code 50458) is a small town located in Cerro Gordo County. The average two bedroom rent in Nora Springs is $790, which is significantly lower than the national 2 bedroom rent of $1,430. There are many local companies and amenities available to residents of Nora Springs. Examples include Anderson Automotive, Inc., Cerro Gordo County Bank, Iowa Public Radio station KUNI-FM, and Hy-Vee grocery store. Moreover, the Grocery Cost Index in Nora Springs is 93 versus 100 in the US, providing residents with a cost effective way to purchase groceries.

Nora Springs (zip 50458) has an unemployment rate of 4.6%. The US average is 6.0%.

Nora Springs (zip 50458) has seen the job market decrease by -9.9% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.

Tax Rates for Nora Springs (zip 50458)
- The Sales Tax Rate for Nora Springs (zip 50458) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Nora Springs (zip 50458) 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 Nora Springs (zip 50458)
- The average income of a Nora Springs (zip 50458) resident is $32,571 a year. The US average is $37,638 a year.
- The Median household income of a Nora Springs (zip 50458) resident is $77,700 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNora Springs, IowaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.