Truro, IA 50257 is a small town located in central Iowa with a population of 846 people as of the 2010 census. It is situated close to the capital city, Des Moines, giving locals access to amenities and activities typically found in larger cities. The cost of living is quite affordable in this area. Two bedroom rent generally costs around $960 while groceries are slightly lower than the national average at 95 index points versus 100 in the US. Additionally, other necessities like healthcare and utilities are comparatively low due to the rural location. While there’s not an abundance of large companies based in Truro, some noteworthy local establishments include D&G Ventures Inc., Truro Creamery, Middleton Family Farms LLC, and Butler Ready Mix Concrete Products Inc.. All these contribute to the growth of the community while keeping cost of living competitive.
Truro (zip 50257) has an unemployment rate of 5.0%. The US average is 6.0%.
Truro (zip 50257) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 32.1%, which is lower than the US average of 33.5%.
Tax Rates for Truro (zip 50257)
- The Sales Tax Rate for Truro (zip 50257) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Truro (zip 50257) 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 Truro (zip 50257)
- The average income of a Truro (zip 50257) resident is $32,877 a year. The US average is $37,638 a year.
- The Median household income of a Truro (zip 50257) resident is $77,778 a year. The US average is $69,021 a year.