Thor, Iowa is a small city with an estimated population of 50591. The cost of living in Thor is quite low compared to the US average, as 2 bedroom rent here can be as low as $700 compared to the US average of $1430. Grocery costs in Thor are also lower than the national index at 93 compared to 100 in the US. Local companies in Thor include options such as Frazier Automotive, Simpson Distributing Company, and McCloskey Concrete Products. Altogether, Thor provides residents with a reasonably priced lifestyle without compromising on quality and convenience.
Thor (zip 50591) has an unemployment rate of 3.9%. The US average is 6.0%.
Thor (zip 50591) has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.
Tax Rates for Thor (zip 50591)
- The Sales Tax Rate for Thor (zip 50591) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Thor (zip 50591) 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 Thor (zip 50591)
- The average income of a Thor (zip 50591) resident is $29,149 a year. The US average is $37,638 a year.
- The Median household income of a Thor (zip 50591) resident is $62,188 a year. The US average is $69,021 a year.