50681 Westgate, IA is located in the Fayette County and is a small rural town with a population of just over 200 people. The cost of living is quite affordable with 2 bedroom rent estimated at $820 compared to the national average of $1,430. Groceries also are cheaper in Westgate than the rest of the US with a grocery cost index 93 versus 100. For entertainment, there are local companies such as Westgate Locker where you can purchase fresh meats and products made from locally sourced ingredients; other businesses include a convenience store and a gas station. All in all, 50681 Westgate, IA offers an affordable and peaceful place to live for those looking for small-town charm and country living.
Westgate (zip 50681) has an unemployment rate of 5.1%. The US average is 6.0%.
Westgate (zip 50681) has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 18.4%, which is lower than the US average of 33.5%.
Tax Rates for Westgate (zip 50681)
- The Sales Tax Rate for Westgate (zip 50681) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Westgate (zip 50681) 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 Westgate (zip 50681)
- The average income of a Westgate (zip 50681) resident is $34,147 a year. The US average is $37,638 a year.
- The Median household income of a Westgate (zip 50681) resident is $61,250 a year. The US average is $69,021 a year.