Mechanicsville, IA (52306) is a small town located in the Cedar Rapids metro area. This town offers an affordable cost of living with a two bedroom rent costing $990, substantially lower than the national average of $1,430. Living expenses are even further reduced by the local grocery cost index being at 94 compared to the US rating of 100. Mechanicsville is home to the renowned agricultural company Art's Way Manufacturing Company and has several small businesses ranging from clothing stores to coffee shops for citizens to explore.
Mechanicsville (zip 52306) has an unemployment rate of 4.1%. The US average is 6.0%.
Mechanicsville (zip 52306) has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Mechanicsville (zip 52306)
- The Sales Tax Rate for Mechanicsville (zip 52306) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mechanicsville (zip 52306) is 9.1%. The US average is 4.6%.
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Income and Salaries for Mechanicsville (zip 52306)
- The average income of a Mechanicsville (zip 52306) resident is $31,435 a year. The US average is $37,638 a year.
- The Median household income of a Mechanicsville (zip 52306) resident is $67,708 a year. The US average is $69,021 a year.