Madrid, IA is a small town located in Boone County and has a population of 50156. It is known for its friendly people and quaint atmosphere. The average 2 bedroom rent in Madrid is $880, which is much lower than the US average of $1,430. In addition to this, the Grocery Cost Index in Madrid is 97 compared to the US index of 100. There are plenty of local businesses in Madrid that offer goods and services to the community such as Cedar Valley Bank & Trust, Gerard Electric Supply Co., and NuCara Pharmacy--all of which offer quality services at great prices.
Madrid (zip 50156) has an unemployment rate of 3.6%. The US average is 6.0%.
Madrid (zip 50156) has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Madrid (zip 50156)
- The Sales Tax Rate for Madrid (zip 50156) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Madrid (zip 50156) is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Madrid (zip 50156)
- The average income of a Madrid (zip 50156) resident is $39,013 a year. The US average is $37,638 a year.
- The Median household income of a Madrid (zip 50156) resident is $80,000 a year. The US average is $69,021 a year.