Patterson, IA (50218) has an average two bedroom rent of $1,080 which is much lower than the US average of $1,430. This makes Patterson a perfect option for those looking to save money on housing without sacrificing quality. Grocery cost index in Patterson is 92 versus the US average of 100, showing that groceries are affordable in the city.
When it comes to activities and entertainment options, Patterson offers plenty to do. Popular local companies include K's Country Store & Hardware, Pat's Barber Shop, Pitzer Auto Body and Patts Automotive Repair among many others. The town also offers a variety of outdoor recreational activities such as fishing, boating, and camping at nearby state parks.
Overall the economy in Patterson looks promising and is expected to keep growing over time. With reasonable rent prices and access to various amenities both in town and nearby locations, this small Iowa town provides a great opportunity for residents looking for a peaceful place with ample opportunity for growth.
Patterson (zip 50218) has an unemployment rate of 5.0%. The US average is 6.0%.
Patterson (zip 50218) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 32.1%, which is lower than the US average of 33.5%.
Tax Rates for Patterson (zip 50218)
- The Sales Tax Rate for Patterson (zip 50218) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Patterson (zip 50218) 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 Patterson (zip 50218)
- The average income of a Patterson (zip 50218) resident is $30,353 a year. The US average is $37,638 a year.
- The Median household income of a Patterson (zip 50218) resident is $52,353 a year. The US average is $69,021 a year.