Scranton, Iowa (zip code 51462) is a small town located in the northwestern part of the state. It is home to 1,644 residents, according to the latest census figures. The median 2-bedroom rent in Scranton is much lower than the US average, at $730 per month. Groceries are also generally cheaper here than in other parts of the country; the grocery cost index in Scranton is 92 as compared to 100 in the US.
In terms of businesses, Scranton boasts several local shops and restaurants that provide an array of goods and services. Two popular grocery stores are Hy-Vee and Price Chopper Super Markets, which offer a variety of produce, meats, canned goods, dairy products, and other items at competitive prices. In terms of dining out, Big Mama’s Kitchen serves up delicious homestyle meals for lunch and dinner while Manny’s Pizza provides customers with delicious pizzas at affordable prices. For entertainment activities, there is a bowling alley as well as two movie theaters: The Majestic Theatre and The Cinema 8 Theatre.
Scranton (zip 51462) has an unemployment rate of 3.3%. The US average is 6.0%.
Scranton (zip 51462) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 21.8%, which is lower than the US average of 33.5%.
Tax Rates for Scranton (zip 51462)
- The Sales Tax Rate for Scranton (zip 51462) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Scranton (zip 51462) 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 Scranton (zip 51462)
- The average income of a Scranton (zip 51462) resident is $25,051 a year. The US average is $28,555 a year.
- The Median household income of a Scranton (zip 51462) resident is $59,583 a year. The US average is $69,021 a year.