Promise City, IA (zip code 52583) is an ideal place to live. With a two bedroom rent of $920 it is significantly lower than the US average of $1,430. The local grocery cost index is also much lower than the national standard at 92 versus 100 in the US. There are several well-established businesses in Promise City, including the home & garden store Rosey’s Garden Center and Hawkeye Bakery which serves up some of the best pastries in town. As well as these long-standing companies, there are plenty of other shops and restaurants that make Promise City a great place to live.
Promise City (zip 52583) has an unemployment rate of 3.6%. The US average is 6.0%.
Promise City (zip 52583) has seen the job market decrease by -4.2% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Promise City (zip 52583)
- The Sales Tax Rate for Promise City (zip 52583) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Promise City (zip 52583) is 9.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Promise City (zip 52583)
- The average income of a Promise City (zip 52583) resident is $32,134 a year. The US average is $37,638 a year.
- The Median household income of a Promise City (zip 52583) resident is $53,971 a year. The US average is $69,021 a year.