Hull, IA Economy


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United States / Iowa / No Metro Area / Sioux County / Hull / Zip Codes
Hull, IA is a small town with a population of around 2,500 people. It's a great place to call home for those looking for an affordable rental rate; a two-bedroom unit can be rented for only $830 compared to the U.S. average of $1,430. The cost of living in Hull is also lower than the U.S., as indicated by the Grocery Cost Index of 97 compared to the national average of 100.
The city has plenty of activities and businesses to enjoy. Local employers include Sioux County Pork Inc., Nelco Manufacturing Corp., and Sioux Center Community Health Center. There are many parks and trails where people can hike, bike, or simply relax outdoors; some popular spots are Hillside Park, Oranjepark, and Olde Scouts Park. People can also visit cultural landmarks like Johannes Muntz Museum or take part in community events like concerts at Centre Mall Shopping Center or movie nights at Sioux County Fairgrounds.

Hull has an unemployment rate of 3.0%. The US average is 6.0%.

Hull has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.

Tax Rates for Hull
- The Sales Tax Rate for Hull is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hull 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 Hull
- The average income of a Hull resident is $22,479 a year. The US average is $28,555 a year.
- The Median household income of a Hull resident is $74,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHull, IowaUnited States
  36
  -3.4%-6.2%
  24.1%33.5%
  7.0%6.2%
  7.4%4.6%
  $37,793$37,638
  $74,167$69,021
  $86,250$85,028
  Population by Occupation
  7.1%1.2%
  0.0%0.5%
  11.4%6.8%
  14.5%10.0%
  4.2%2.5%
  9.8%11.0%
  7.4%4.8%
  0.2%0.8%
  0.0%1.9%
  3.2%4.7%
  2.4%1.9%
  1.0%7.6%
  0.0%0.1%
  3.2%4.2%
  8.1%9.3%
  18.8%14.0%
  0.8%2.1%
  3.3%7.0%
  4.5%4.8%
  0.3%4.7%
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