Mallard, IA Economy


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United States / Iowa / No Metro Area / Palo Alto County / Mallard / Zip Codes
Mallard, IA is a small town located in the Midwest. It is home to many local businesses including Mallard Cafe, Bank of the Prairie, and Midwest Outdoors Supply. The cost of living in Mallard is quite affordable compared to other parts of the United States. For example, rent for 2 bedroom apartments is about $730 whereas it costs around $1,430 for similar accommodation in other areas. Also, grocery costs in Mallard are much lower than the US average as their Cost Index scores 91 versus 100 in the US. Overall, living in Mallard can be quite an economical choice for people looking for budget-friendly housing options and low grocery bills.

Mallard has an unemployment rate of 3.6%. The US average is 6.0%.

Mallard has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.

Tax Rates for Mallard
- The Sales Tax Rate for Mallard is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mallard 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 Mallard
- The average income of a Mallard resident is $23,675 a year. The US average is $28,555 a year.
- The Median household income of a Mallard resident is $38,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMallard, IowaUnited States
  3.66
  -8.7%-6.2%
  30.7%33.5%
  7.0%6.2%
  7.4%4.6%
  $31,107$37,638
  $38,000$69,021
  $60,750$85,028
  Population by Occupation
  10.6%1.2%
  4.3%0.5%
  4.3%6.8%
  8.5%10.0%
  5.3%2.5%
  8.5%11.0%
  5.3%4.8%
  0.0%0.8%
  2.1%1.9%
  3.2%4.7%
  0.0%1.9%
  2.1%7.6%
  0.0%0.1%
  1.1%4.2%
  4.3%9.3%
  11.7%14.0%
  0.0%2.1%
  1.1%7.0%
  12.8%4.8%
  14.9%4.7%
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