51578 Westphalia, IA is a great place to live for those looking for an affordable and comfortable lifestyle. The average 2 bedroom rent in this area is around $800, which is much lower than the national average of $1,430. Additionally, groceries are much more cost effective here due to the Grocery Cost Index being 92 compared to 100 in the US. This makes 51578 Westphalia an ideal place for budget conscious people who want to enjoy the peace and quiet of rural living.
Apart from its affordability, 51578 Westphalia has a number of local businesses that offer a variety of products and services. Companies such as Westphalia Lumber Co., Y-Knott Insurance Agency, Eisele Home Center Inc., and Nissen Grain Systems can be found here. All of these businesses serve different purposes and provide local customers with quality goods and services at affordable prices.
Westphalia (zip 51578) has an unemployment rate of 3.5%. The US average is 6.0%.
Westphalia (zip 51578) has seen the job market decrease by -7.6% over the last year. Future job growth over the next ten years is predicted to be 16.4%, which is lower than the US average of 33.5%.
Tax Rates for Westphalia (zip 51578)
- The Sales Tax Rate for Westphalia (zip 51578) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Westphalia (zip 51578) is 9.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Westphalia (zip 51578)
- The average income of a Westphalia (zip 51578) resident is $33,095 a year. The US average is $37,638 a year.
- The Median household income of a Westphalia (zip 51578) resident is $81,667 a year. The US average is $69,021 a year.