The small town of Princeton, Iowa (zip code 52768) is home to around 469 people. Despite its size, the town has plenty to offer. It has local businesses like Frontier Coop, which provides a variety of farm supplies and products, and the Webco Tanning Salon. There is also a variety of restaurants including Mel's Diner and Amigos Mexican Restaurant. The cost of living in Princeton is fairly low; for example, a two bedroom apartment rents for $820 compared to the US average rent price of $1,430. The grocery cost index in Princeton is equal to 100 versus an index of 100 in the US. This means that prices in Princeton are on par with national averages for groceries. All these factors combined make Princeton an affordable place to live despite its small population size.
Princeton (zip 52768) has an unemployment rate of 5.4%. The US average is 6.0%.
Princeton (zip 52768) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Princeton (zip 52768)
- The Sales Tax Rate for Princeton (zip 52768) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Princeton (zip 52768) 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 Princeton (zip 52768)
- The average income of a Princeton (zip 52768) resident is $29,011 a year. The US average is $28,555 a year.
- The Median household income of a Princeton (zip 52768) resident is $77,212 a year. The US average is $69,021 a year.