Woodburn, Iowa is a small city with a population of around 502 people. The city offers an affordable cost of living with rents averaging $890 for two-bedroom apartments. It is substantially lower than the US average for the same size apartment which is $1,430. Another great benefit to living in Woodburn is its low grocery cost index which is 95 compared to the US average of 100. This means that groceries are 5% cheaper than average in Woodburn.
The local economy in Woodburn includes various small businesses such as City Café, Cuzzy's Bar & Grill, Vossen Concrete Products, Inc., and S&S Automotive LLC that all provide employment opportunities for locals. In addition to that there are also many shops located in town like Family Fare Grocery Store and Super Value Drug Store where you can find all your daily needs at affordable prices.
Living in Woodburn provides you with an affordable place to call home without sacrificing amenities like shopping and dining out. With its low rent and grocery costs coupled with its local businesses it is easy to see why so many people choose to live in this charming Iowa town.
Woodburn (zip 50275) has an unemployment rate of 4.8%. The US average is 6.0%.
Woodburn (zip 50275) has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Woodburn (zip 50275)
- The Sales Tax Rate for Woodburn (zip 50275) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Woodburn (zip 50275) 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 Woodburn (zip 50275)
- The average income of a Woodburn (zip 50275) resident is $27,790 a year. The US average is $37,638 a year.
- The Median household income of a Woodburn (zip 50275) resident is $60,250 a year. The US average is $69,021 a year.