Wellman, IA, is a small town located in 52356 with a population of around 3,000 people. The average 2 bedroom rent in Wellman is $1,090 which is significantly lower than the national average of $1,430. Grocery costs are also cheaper here with an index of 97 compared to the US index of 100.
In Wellman there are plenty of local businesses that offer goods and services to the community such as (list businesses here). There is Anderson True Value Hardware store for all your home improvement needs; S&S Feeds for your farming and pet supply needs; the Kountry Store for a variety of items; and White’s Automotive offering auto repair and maintenance services. There are also several restaurants such as Kelly's Cafe, Amigo's Mexican Restaurant, and Romeos Pizza & Grill. All these businesses provide great products and services to help make life easier in Wellman.
Wellman (zip 52356) has an unemployment rate of 4.2%. The US average is 6.0%.
Wellman (zip 52356) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Wellman (zip 52356)
- The Sales Tax Rate for Wellman (zip 52356) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wellman (zip 52356) 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 Wellman (zip 52356)
- The average income of a Wellman (zip 52356) resident is $29,396 a year. The US average is $37,638 a year.
- The Median household income of a Wellman (zip 52356) resident is $51,750 a year. The US average is $69,021 a year.