Cedar Rapids, NE is an excellent place for those looking to move and start fresh. With a 2 bedroom rent of $850 compared to the US average of $1,430, living in Cedar Rapids can save you hundreds each month. The cost of living is relatively low in Cedar Rapids, with a grocery cost index rating below the US average at 92. This makes it easier to put money back into savings or invest in local businesses. There are plenty of attractions and activities found in this small town such as golfing at Shadow Ridge Golf Course, shopping at local stores like Sun Mart Supercenter, and catching a game with the Cedar Rapids Kernels baseball team. There's something for everyone here!
Cedar Rapids (zip 68627) has an unemployment rate of 1.8%. The US average is 6.0%.
Cedar Rapids (zip 68627) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Cedar Rapids (zip 68627)
- The Sales Tax Rate for Cedar Rapids (zip 68627) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Cedar Rapids (zip 68627) is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cedar Rapids (zip 68627)
- The average income of a Cedar Rapids (zip 68627) resident is $21,385 a year. The US average is $28,555 a year.
- The Median household income of a Cedar Rapids (zip 68627) resident is $57,188 a year. The US average is $69,021 a year.