52320 Olin, IA is a quaint town located near the Amana Colonies. It is a great location for families or those who are looking for a peaceful place to call home. Rent for a two bedroom here is quite affordable at $890, even when compared to the national average of $1,430. Additionally, local groceries have an index score of 93, making them significantly more affordable than the US average of 100.
Families in 52320 Olin, IA can enjoy nearby amenities like the Amana Woolen Mill & Museum and the Iowa City Arts Co-op. The local library also often hosts events such as movie nights and art classes. For shopping needs, there are several stores in the area including Walgreens pharmacy, Walmart Supercenter, and Hy-Vee grocery stores. Restaurants like Pizza Ranch and Stone Creek Family Restaurant offer delicious options for dining out with friends and family.
Olin (zip 52320) has an unemployment rate of 5.3%. The US average is 6.0%.
Olin (zip 52320) has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Olin (zip 52320)
- The Sales Tax Rate for Olin (zip 52320) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Olin (zip 52320) 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 Olin (zip 52320)
- The average income of a Olin (zip 52320) resident is $26,586 a year. The US average is $37,638 a year.
- The Median household income of a Olin (zip 52320) resident is $59,808 a year. The US average is $69,021 a year.