Vail, Iowa, with a population of 51465, is a great city to live in because of its affordable cost of living. The 2 bedroom rent in Vail is $800 compared to the US average of $1,430. Additionally, food costs are much lower in Vail with an index score of 93 versus 100 for the US. This makes it easy for local businesses to thrive as their overhead costs are much lower than other parts of the country. Companies based out of Vail include Family Dollar Stores Inc., Tennant Company, and Ajax Metal Processing Inc. Each business has seen success in this city due to its low cost and vibrant economy.
Vail (zip 51465) has an unemployment rate of 5.8%. The US average is 6.0%.
Vail (zip 51465) has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 7.4%, which is lower than the US average of 33.5%.
Tax Rates for Vail (zip 51465)
- The Sales Tax Rate for Vail (zip 51465) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Vail (zip 51465) 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 Vail (zip 51465)
- The average income of a Vail (zip 51465) resident is $25,439 a year. The US average is $37,638 a year.
- The Median household income of a Vail (zip 51465) resident is $58,625 a year. The US average is $69,021 a year.