51570 Shelby, IA is an ideal place to live for those looking for affordable housing. The average 2 bedroom rent is $860, which is significantly lower than the US average of $1,430. Furthermore, the grocery cost index in Shelby is 95 compared to 100 in the US. This means that groceries are significantly cheaper than other areas.
Shelby is a small rural town with plenty of employment opportunities at local companies such as Hy-Vee Grocery Store and John Morrell Meatpacking Company. Hy-Vee Grocery Store offers a variety of jobs from cashiers to food clerks to stockers while John Morrell Meatpacking Company offers excellent positions in manufacturing and production. Other job opportunities include farmhands, school bus drivers, restaurant staff, maintenance personnel and many more. Shelby also has a strong agricultural presence, so those interested in farming can find plenty of work as well.
Shelby (zip 51570) has an unemployment rate of 3.5%. The US average is 6.0%.
Shelby (zip 51570) has seen the job market decrease by -7.6% over the last year. Future job growth over the next ten years is predicted to be 16.4%, which is lower than the US average of 33.5%.
Tax Rates for Shelby (zip 51570)
- The Sales Tax Rate for Shelby (zip 51570) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Shelby (zip 51570) 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 Shelby (zip 51570)
- The average income of a Shelby (zip 51570) resident is $41,212 a year. The US average is $37,638 a year.
- The Median household income of a Shelby (zip 51570) resident is $60,750 a year. The US average is $69,021 a year.