Orange City, IA is a small town with a population of 5,1041. It has a low cost of living, with 2 bedroom rent being $810 compared to $1,430 in the US. The Grocery Cost Index in Orange City is also lower at 98 compared to 100 in the US.
Orange City has many local businesses that contribute to its economy. Some of these businesses include Orange City Manufacturing which produces aluminum components for various industries; Orange City Dairy which provides high-quality dairy products; and Carpet Center Inc. which provides carpeting services and materials. These companies provide jobs for residents and help keep the city's economy strong. They also add value to the community by providing quality products at competitive prices.
Orange City (zip 51041) has an unemployment rate of 3.0%. The US average is 6.0%.
Orange City (zip 51041) has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Orange City (zip 51041)
- The Sales Tax Rate for Orange City (zip 51041) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Orange City (zip 51041) 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 Orange City (zip 51041)
- The average income of a Orange City (zip 51041) resident is $28,624 a year. The US average is $37,638 a year.
- The Median household income of a Orange City (zip 51041) resident is $76,964 a year. The US average is $69,021 a year.