Sheldon, IA (51201) is a small city located in the northwestern part of the state. The cost of living is considerably lower than most cities, making it an attractive option for those looking to rent. The average two bedroom rent in Sheldon is just $850 compared to $1,430 in the US. Additionally, the Grocery Cost Index in Sheldon is 96 versus 100 in the US.
Sheldon offers a variety of businesses and attractions for residents. Local companies include Miedema Companies, Sheldon Electric Company, Inc., and Jolley’s Super Valu and Hatchery. There are also numerous restaurants offering quality dishes at reasonable prices such as B & B Pizza, Los Vaqueros Mexican Restaurant, and Pop’s Place. Other amenities located in Sheldon include parks, golf courses, museums, and an aquatic center.
Sheldon (zip 51201) has an unemployment rate of 3.3%. The US average is 6.0%.
Sheldon (zip 51201) 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 18.5%, which is lower than the US average of 33.5%.
Tax Rates for Sheldon (zip 51201)
- The Sales Tax Rate for Sheldon (zip 51201) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sheldon (zip 51201) 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 Sheldon (zip 51201)
- The average income of a Sheldon (zip 51201) resident is $32,951 a year. The US average is $28,555 a year.
- The Median household income of a Sheldon (zip 51201) resident is $63,047 a year. The US average is $69,021 a year.