Martensdale, IA Economy


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Martensdale is a small town in Iowa situated in the heart of Warren County. It is known for its friendly people and rural atmosphere. The 2 bedroom rent in Martensdale is quite affordable at $870 compared to the average U.S. rent of $1,430 for the same size apartment, and the Grocery Cost Index in Martensdale is even lower than the US index at 95 versus 100 respectively. Local companies include AT&T, State Farm Insurance, Casey's General Store, and Prairie Meadows Racetrack & Casino. Popular local landmarks are Jordan House Historic Site and St Mary’s Cemetery which was founded by early French settlers over 150 years ago. Other attractions include the Waukee Parks & Recreation area which has soccer fields, baseball diamonds, tennis courts, walking trails, fishing ponds, and picnic shelters for visitors to enjoy nature’s beauty with family or friends.

Martensdale has an unemployment rate of 4.0%. The US average is 6.0%.

Martensdale has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.

Tax Rates for Martensdale
- The Sales Tax Rate for Martensdale is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Martensdale 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 Martensdale
- The average income of a Martensdale resident is $27,242 a year. The US average is $28,555 a year.
- The Median household income of a Martensdale resident is $43,947 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMartensdale, IowaUnited States
  46
  -5.9%-6.2%
  37.7%33.5%
  7.0%6.2%
  7.4%4.6%
  $26,096$37,638
  $43,947$69,021
  $71,875$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  8.9%6.8%
  8.9%10.0%
  1.1%2.5%
  14.9%11.0%
  6.7%4.8%
  1.5%0.8%
  7.4%1.9%
  5.2%4.7%
  0.7%1.9%
  1.5%7.6%
  0.0%0.1%
  5.6%4.2%
  5.6%9.3%
  16.0%14.0%
  0.0%2.1%
  3.7%7.0%
  3.0%4.8%
  8.6%4.7%
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