Economy in Elma, Iowa
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Economy
| Unemployment Rate | 7.70% | 9.10% |
| Recent Job Growth | 2.30% | -0.12% |
| Future Job Growth | 36.90% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 8.98% | 6.25% |
| Income per Cap. | $21,301 | $27,067 |
| Household Income | $46,663 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 17.17% | 12.10% |
| Income between 15K and 25K | 12.02% | 10.18% |
| Income between 25K and 35K | 10.30% | 10.56% |
| Income between 35K and 50K | 13.73% | 14.98% |
| Income between 50K and 75K | 28.76% | 19.53% |
| Income between 75K and 100K | 12.02% | 12.52% |
| Income between 100K and 150K | 3.87% | 12.14% |
| Income between 150K and 250K | 1.29% | 3.91% |
| Income between 250K and 500K | 0.86% | 3.34% |
| Income greater than 500K | 0.00% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 17.37% | 13.81% |
| Professional and Related Occupations | 16.22% | 22.68% |
| Service | 13.51% | 14.51% |
| Sales and Office | 13.90% | 25.22% |
| Farming, Fishing, and Forestry | 5.79% | 0.68% |
| Construction, Extraction, and Maintenance | 7.72% | 9.37% |
| Production, Transportation, and Material Moving | 28.57% | 15.86% |
The unemployment rate in Elma, IA, is 7.70%, with job growth of 2.30%. Future job growth over the next ten years is predicted to be 36.90%.
Elma, IA Taxes
Elma, IA,sales tax rate is 7.00%. Income tax is 8.98%.
Elma, IA Income and Salaries
The income per capita is $21,301, which includes all adults and children. The median household income is $46,663.
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