Decorah, Iowa (52101) is a small city located near the Minnesota border in Winneshiek County. It has a population of 8,127 residents as of 2019, making it one of the smaller cities in Iowa. The cost of two bedroom rent in Decorah is $810 which is significantly lower than the national average which stands at $1,430. Grocery Cost Index in Decorah stands at 98 compared to 100 on a national level making it reasonably cheaper for people to buy groceries there.
The city of Decorah is home to several local businesses and organizations including J&L Printing Solutions, Inc., Bank Midwest, Lawless Industries, Larson Automotive Group and Wilbur Plumbing & Heating Co. All these companies have contributed positively to the local economy and provided jobs and services to the city's residents.
Decorah (zip 52101) has an unemployment rate of 5.3%. The US average is 6.0%.
Decorah (zip 52101) has seen the job market decrease by -9.8% over the last year. Future job growth over the next ten years is predicted to be 17.4%, which is lower than the US average of 33.5%.
Tax Rates for Decorah (zip 52101)
- The Sales Tax Rate for Decorah (zip 52101) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Decorah (zip 52101) is 9.0%. The US average is 4.6%.
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Income and Salaries for Decorah (zip 52101)
- The average income of a Decorah (zip 52101) resident is $33,632 a year. The US average is $37,638 a year.
- The Median household income of a Decorah (zip 52101) resident is $61,270 a year. The US average is $69,021 a year.