50673 Stout, IA is a small town in the city of Cedar Rapids with a population of 1,205 people. The area offers affordable living with two bedroom rent averaging $920 per month compared to the U.S. average of $1,430 per month. Grocery costs are also lower than elsewhere in the country with a grocery cost index of 92 versus 100 for the U.S. Residents living in 50673 Stout, IA can take advantage of local amenities including Marlowe's Bar & Grill, Lefebure's Feeds & More, and South C Street Store & Deli. Nearby parks include Anderson Park and Bowen Park which offer plenty of recreational activities for children and families alike.
Stout (zip 50673) has an unemployment rate of 4.3%. The US average is 6.0%.
Stout (zip 50673) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 19.6%, which is lower than the US average of 33.5%.
Tax Rates for Stout (zip 50673)
- The Sales Tax Rate for Stout (zip 50673) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Stout (zip 50673) 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 Stout (zip 50673)
- The average income of a Stout (zip 50673) resident is $26,114 a year. The US average is $37,638 a year.
- The Median household income of a Stout (zip 50673) resident is $73,214 a year. The US average is $69,021 a year.