The small town of Rutland, Iowa (population 50582) is an ideal place to live for those looking for a low cost of living. Rent for a two bedroom apartment in the area is only $700, compared to the US average of $1,430. Additionally, grocery costs in Rutland are 92 on the index compared to 100 in the US. As a result of these lower costs, residents can purchase more with their income. \nRutland offers plenty of great local companies and amenities for its residents. For instance, there is an Ace Hardware store located right in town, as well as a library and a post office. There are also several restaurants like El Charro Mexican Restaurant and Romeos Pizza & More that offer delicious food options at reasonable prices. In addition to these businesses, Rutland also features multiple parks such as City Park and Central Park where visitors can enjoy outdoor activities like swimming or fishing. All in all, Rutland provides its residents with an abundance of affordable housing and amenities that make it an attractive place to call home.
Rutland (zip 50582) has an unemployment rate of 3.9%. The US average is 6.0%.
Rutland (zip 50582) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.
Tax Rates for Rutland (zip 50582)
- The Sales Tax Rate for Rutland (zip 50582) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rutland (zip 50582) 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 Rutland (zip 50582)
- The average income of a Rutland (zip 50582) resident is $25,757 a year. The US average is $28,555 a year.
- The Median household income of a Rutland (zip 50582) resident is $72,566 a year. The US average is $69,021 a year.