Swea City, IA is a quiet rural city with a population of 505. It is a great place for young families looking to settle down. 2 Bedroom Rent in Swea City is $720, significantly lower than the US average of $1,430. Grocery Cost Index in Swea City is 90 versus 100 in the US. There are many local businesses and amenities that make Swea City a great place to live. Local companies include Pamida Discount Store, Schoneman's Food Center, and R & J Gas Station and Grocery; where residents can find all their daily essentials. For recreation and leisure, there are several parks nearby including Anderson Park-Riverview Landing, Diemer Pond County Recreational Area, and Jaycee Arboretum. The community also offers many other outdoor activities such as hiking and fishing in various natural areas around the town.
Swea City (zip 50590) has an unemployment rate of 3.5%. The US average is 6.0%.
Swea City (zip 50590) has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Swea City (zip 50590)
- The Sales Tax Rate for Swea City (zip 50590) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Swea City (zip 50590) 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 Swea City (zip 50590)
- The average income of a Swea City (zip 50590) resident is $29,235 a year. The US average is $37,638 a year.
- The Median household income of a Swea City (zip 50590) resident is $49,792 a year. The US average is $69,021 a year.