The small town of Van Meter, IA, with its population of 50261 is a great place to call home. The average rent for a two bedroom apartment here is $1,160 compared to the average US rate of $1430. Additionally, the Grocery Cost Index in Van Meter is 100 compared to the US index of 100 indicating that groceries are just as affordable here. Local companies include Van Meter Inc., Grain Processing Corporation, and JSB Insurance Solutions. Van Meter Inc. provides electrical construction and industrial automation services while Grain Processing Corporation produces ethanol and other related products. Lastly, JSB Insurance Solutions serves both Iowa and Illinois as an independent insurance agency specializing in commercial insurance policies.
Van Meter (zip 50261) has an unemployment rate of 3.0%. The US average is 6.0%.
Van Meter (zip 50261) 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 45.2%, which is higher than the US average of 33.5%.
Tax Rates for Van Meter (zip 50261)
- The Sales Tax Rate for Van Meter (zip 50261) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Van Meter (zip 50261) 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 Van Meter (zip 50261)
- The average income of a Van Meter (zip 50261) resident is $47,694 a year. The US average is $37,638 a year.
- The Median household income of a Van Meter (zip 50261) resident is $128,194 a year. The US average is $69,021 a year.