Zip 51364 (Terril, IA) Economy


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51364 Terril, IA is a small town located in Dickinson County with a population of roughly 500 people. The cost of living in this area is quite low when compared to other parts of the country. The average rent for a two-bedroom apartment in 51364 Terril, IA is $950 whereas the US average for a two bedroom apartment is $1,430. The Grocery Cost Index in this area is 92 versus 100 in the US. Local businesses in 51364 Terril, IA include Stocksmeiers Bait & Tackle, Country Corral Bar & Grill, and Bob's Automotive Service Center. These businesses provide services and amenities to local residents at affordable prices. Overall, 51364 Terril, IA has an excellent cost of living that makes it an attractive place to live for those looking for affordable accommodation and amenities without sacrificing quality

Terril (zip 51364) has an unemployment rate of 4.9%. The US average is 6.0%.

Terril (zip 51364) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.

Tax Rates for Terril (zip 51364)
- The Sales Tax Rate for Terril (zip 51364) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Terril (zip 51364) 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 Terril (zip 51364)
- The average income of a Terril (zip 51364) resident is $23,536 a year. The US average is $28,555 a year.
- The Median household income of a Terril (zip 51364) resident is $55,677 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTerril, IowaUnited States
  4.96
  -6.3%-6.2%
  26.4%33.5%
  7.0%6.2%
  7.4%4.6%
  $33,721$37,638
  $55,677$69,021
  $66,974$85,028
  Population by Occupation
  15.9%1.2%
  0.0%0.5%
  5.2%6.8%
  24.8%10.0%
  1.9%2.5%
  13.3%11.0%
  3.3%4.8%
  0.0%0.8%
  1.9%1.9%
  7.5%4.7%
  3.7%1.9%
  0.2%7.6%
  0.0%0.1%
  2.3%4.2%
  4.9%9.3%
  8.7%14.0%
  1.2%2.1%
  3.7%7.0%
  0.9%4.8%
  0.5%4.7%
Reviews for Terril
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Over 6 years ago

Terril is a very old, polluted (water and air) depressed town; I've lived there for 7 years until we finally sold our house two years ago. The decline of 5% population  More

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