52403 Cedar Rapids, IA is a great place to live with a wide range of housing options. The average 2 bedroom rent in the area is $880, slightly below the U.S. average of $1,430. Additionally, the cost of groceries in 52403 Cedar Rapids is 95 compared to 100 in the U.S., making it an ideal location for those looking to save on their living costs. It’s also home to several well-known companies such as Rockwell Collins, Hawkeye Area Community Action Program (HACAP) and Transamerica Companies, who employ many local residents and help contribute to the economy. With plenty of job opportunities and affordable living costs, 52403 Cedar Rapids has something for everyone!
Cedar Rapids (zip 52403) has an unemployment rate of 5.9%. The US average is 6.0%.
Cedar Rapids (zip 52403) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Cedar Rapids (zip 52403)
- The Sales Tax Rate for Cedar Rapids (zip 52403) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cedar Rapids (zip 52403) 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 Cedar Rapids (zip 52403)
- The average income of a Cedar Rapids (zip 52403) resident is $35,950 a year. The US average is $28,555 a year.
- The Median household income of a Cedar Rapids (zip 52403) resident is $68,765 a year. The US average is $69,021 a year.