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Economy in Fairfax, Iowa

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyFairfax, IAUnited States
Unemployment Rate6.50%9.10%
Recent Job Growth1.35%-0.12%
Future Job Growth36.20%31.25%
Sales Taxes6.00%6.80%
Income Taxes8.98%6.25%
Income per Cap.$32,375$27,067
Household Income$69,337$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K3.22%12.10%
Income between 15K and 25K7.17%10.18%
Income between 25K and 35K7.17%10.56%
Income between 35K and 50K13.91%14.98%
Income between 50K and 75K24.01%19.53%
Income between 75K and 100K15.67%12.52%
Income between 100K and 150K21.52%12.14%
Income between 150K and 250K4.83%3.91%
Income between 250K and 500K1.90%3.34%
Income greater than 500K0.59%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations19.35%13.81%
Professional and Related Occupations25.65%22.68%
Service14.17%14.51%
Sales and Office33.07%25.22%
Farming, Fishing, and Forestry1.35%0.68%
Construction, Extraction, and Maintenance10.91%9.37%
Production, Transportation, and Material Moving27.45%15.86%
Median Household Income

The unemployment rate in Fairfax, IA, is 6.50%, with job growth of 1.35%. Future job growth over the next ten years is predicted to be 36.20%.

Fairfax, IA Taxes

Fairfax, IA,sales tax rate is 6.00%. Income tax is 8.98%.

Fairfax, IA Income and Salaries

The income per capita is $32,375, which includes all adults and children. The median household income is $69,337.


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