Rock Rapids, IA is a rural town located in Lyon County with a population of 5,124 people. The two bedroom rent is comparatively lower than the US average at $810 per month. Groceries are also cheaper compared to the national average, with a grocery cost index of 95. Rock Rapids has various local companies that contribute to its economy such as Discount Fuel Center, the United Bank of Iowa, and Dutch Mill Greenhouse & Garden Center. With a lower than average cost of living and access to quality local businesses, Rock Rapids is an ideal place to live for those looking for a small-town atmosphere.
Rock Rapids (zip 51246) has an unemployment rate of 2.7%. The US average is 6.0%.
Rock Rapids (zip 51246) has seen the job market decrease by -5.2% 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 Rock Rapids (zip 51246)
- The Sales Tax Rate for Rock Rapids (zip 51246) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rock Rapids (zip 51246) 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 Rock Rapids (zip 51246)
- The average income of a Rock Rapids (zip 51246) resident is $28,734 a year. The US average is $37,638 a year.
- The Median household income of a Rock Rapids (zip 51246) resident is $70,037 a year. The US average is $69,021 a year.