Bloomfield, IA (Zip Code 52537) is a small city located in Davis County. It has a population of 3,360 residents and is an ideal community for those looking for a rural lifestyle. The median rent for 2 Bedrooms in Bloomfield is $800 which is much lower than the national average of $1,430. Additionally, grocery costs are also cheaper as the Grocery Cost Index in Bloomfield is 94 compared to 100 in the US.
Bloomfield's strong economy relies on its diverse industries such as agriculture, medical services, retail outlets, education institutions and manufacturing companies. Local companies include Davis County Hospital & Clinics, Davis County Farm Bureau Inc., Kreg Tool Co., FMZ Manufacturing Inc., and Walmart Supercenter. These companies offer employment opportunities to Bloomfield citizens and contribute to the healthy economic growth of the community. Overall, Bloomfield provides its residents with affordable housing options and a thriving local economy that offers plenty of job opportunities.
Bloomfield (zip 52537) has an unemployment rate of 3.4%. The US average is 6.0%.
Bloomfield (zip 52537) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Bloomfield (zip 52537)
- The Sales Tax Rate for Bloomfield (zip 52537) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Bloomfield (zip 52537) 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 Bloomfield (zip 52537)
- The average income of a Bloomfield (zip 52537) resident is $35,140 a year. The US average is $37,638 a year.
- The Median household income of a Bloomfield (zip 52537) resident is $80,971 a year. The US average is $69,021 a year.