50226 Polk City, IA is a small city with a population of approximately 1,400 people and is located in the state of Iowa. Residents of 50226 Polk City enjoy an affordable cost of living with 2 bedroom rent averaging just $1,330 per month. This is substantially cheaper than the national average of $1,430 per month for 2 bedroom apartments. Groceries also tend to be cheaper in 50226 Polk City which has a grocery cost index of 102 compared to the US national average of 100. The area is home to several local businesses such as KJ's Market, First State Bank and Trust Company and Big Creek Farms LLC.
Polk City (zip 50226) has an unemployment rate of 4.6%. The US average is 6.0%.
Polk City (zip 50226) 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 35.9%, which is higher than the US average of 33.5%.
Tax Rates for Polk City (zip 50226)
- The Sales Tax Rate for Polk City (zip 50226) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Polk City (zip 50226) 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 Polk City (zip 50226)
- The average income of a Polk City (zip 50226) resident is $49,576 a year. The US average is $37,638 a year.
- The Median household income of a Polk City (zip 50226) resident is $131,415 a year. The US average is $69,021 a year.