Hubbard, IA is a small town in Hamilton County with a population of 501. This rural community has a much lower cost of living than the national average. The average 2 bedroom rent in Hubbard is $1,020 per month compared to the US average of $1,430; this means that tenants are able to afford more for their money. The grocery cost index in Hubbard is also low at 94 versus the national average of 100. Local businesses include Wild Rose Milling Co., Countryside Veterinary Clinic and Bygland Lawn Care & Snow Removal. These establishments provide goods and services to residents throughout the area at affordable prices. With a lower cost of living than most cities and towns, Hubbard provides many options for people looking for an affordable place to call home.
Hubbard (zip 50122) has an unemployment rate of 4.5%. The US average is 6.0%.
Hubbard (zip 50122) has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 16.2%, which is lower than the US average of 33.5%.
Tax Rates for Hubbard (zip 50122)
- The Sales Tax Rate for Hubbard (zip 50122) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hubbard (zip 50122) is 9.0%. The US average is 4.6%.
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Income and Salaries for Hubbard (zip 50122)
- The average income of a Hubbard (zip 50122) resident is $33,754 a year. The US average is $37,638 a year.
- The Median household income of a Hubbard (zip 50122) resident is $71,875 a year. The US average is $69,021 a year.