Zip 50638 (Grundy Center, IA) Economy


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Grundy Center, Iowa (zip 50638) is a small city located in Grundy County. It offers an affordable cost of living; 2 bedroom rents are only $820 per month versus the US median of $1,430. Grocery costs are also lower than the US average, with the cost index at 95. Residents can look forward to a variety of local businesses including Heart of Iowa MarketPlace, American Family Insurance, and Grundy Center Public Library. There are also several dining options such as J & J Pizza or the popular restaurant El Azteca. With its low cost of living and abundance of services and activities, Grundy Center is a great place to live for those looking for an affordable lifestyle.

Grundy Center (zip 50638) has an unemployment rate of 4.3%. The US average is 6.0%.

Grundy Center (zip 50638) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 19.6%, which is lower than the US average of 33.5%.

Tax Rates for Grundy Center (zip 50638)
- The Sales Tax Rate for Grundy Center (zip 50638) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Grundy Center (zip 50638) 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 Grundy Center (zip 50638)
- The average income of a Grundy Center (zip 50638) resident is $34,750 a year. The US average is $37,638 a year.
- The Median household income of a Grundy Center (zip 50638) resident is $76,038 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrundy Center, IowaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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