Yorktown, Iowa is a small town with a population of 516. It has quite affordable rent for two bedroom apartments, which averages around $700, considerably lower than the national average of $1430. Further, it has a grocery cost index of 93 compared to 100 in the US— another indication that living in Yorktown is relatively more economical.
Thanks to its low cost of living, there are many businesses set up in Yorktown that help boost the local economy. These include Donahue Auto and Truck Parts, Koester's Farm Equipment, and Country Junction Restaurant and Bar— all popular amongst locals. Their presence provides employment opportunities for many residents as well as contributing to the tax revenue collected by the city council. All these factors contribute to making Yorktown an attractive place to live and work in!
Yorktown (zip 51656) has an unemployment rate of 4.0%. The US average is 6.0%.
Yorktown (zip 51656) has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 14.8%, which is lower than the US average of 33.5%.
Tax Rates for Yorktown (zip 51656)
- The Sales Tax Rate for Yorktown (zip 51656) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Yorktown (zip 51656) is 9.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing ºÚÁÏÉçÇø.
Income and Salaries for Yorktown (zip 51656)
- The average income of a Yorktown (zip 51656) resident is $29,968 a year. The US average is $37,638 a year.
- The Median household income of a Yorktown (zip 51656) resident is $43,125 a year. The US average is $69,021 a year.