Harvey, IA Economy


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United States / Iowa / No Metro Area / Marion County / Harvey / Zip Codes
Harvey, IA is a small rural town located in Iowa. It is known for its friendly residents and its close proximity to some of the larger cities of the state. The cost of living in Harvey is extremely affordable, with two bedroom rent at only $850 per month, which is far lower than the average US two bedroom rent of $1,430. Additionally, grocery costs index in Harvey is 96 compared to the US 100. Some local companies include Wilkins Electric Co., Schwebel Home Improvement Center Inc., and Harvey Country Market. Employers may also include self-employment opportunities such as farming or running a small business. Harvey also offers several amenities such as parks, golf courses, libraries and museums. Other attractions include camping and fishing spots around nearby lakes and rivers plus many other outdoor activities for visitors to enjoy.

Harvey has an unemployment rate of 3.3%. The US average is 6.0%.

Harvey has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.

Tax Rates for Harvey
- The Sales Tax Rate for Harvey is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Harvey 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 Harvey
- The average income of a Harvey resident is $20,449 a year. The US average is $28,555 a year.
- The Median household income of a Harvey resident is $49,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHarvey, IowaUnited States
  3.36
  -5.3%-6.2%
  30.1%33.5%
  7.0%6.2%
  7.4%4.6%
  $20,823$37,638
  $49,375$69,021
  $53,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  14.3%6.8%
  24.7%10.0%
  6.5%2.5%
  19.5%11.0%
  5.2%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  1.3%4.2%
  0.0%9.3%
  5.2%14.0%
  1.3%2.1%
  14.3%7.0%
  6.5%4.8%
  1.3%4.7%
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