Zip 50524 (Clare, IA) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Clare, IA is a small town located in the northwest Dallas County of Iowa with a population of 50524. The rent for a two-bedroom apartment is $680, which is significantly lower than the US average of $1,430. The grocery cost index in Clare is 93 as compared to 100 in the US, indicating that groceries are cheaper in Clare than in most other places across the country. Local companies include Dave's Auto Repair & Towing, Roaring Springs Farm Supply, and The Hideout Bar & Grill. With its low cost of living and diverse local businesses, Clare is an ideal place for anyone who seeks cheap rent and an affordable lifestyle.

Clare (zip 50524) has an unemployment rate of 4.7%. The US average is 6.0%.

Clare (zip 50524) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 17.7%, which is lower than the US average of 33.5%.

Tax Rates for Clare (zip 50524)
- The Sales Tax Rate for Clare (zip 50524) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Clare (zip 50524) 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 Clare (zip 50524)
- The average income of a Clare (zip 50524) resident is $29,468 a year. The US average is $28,555 a year.
- The Median household income of a Clare (zip 50524) resident is $86,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClare, IowaUnited States
  4.76
  -7.3%-6.2%
  17.7%33.5%
  7.0%6.2%
  7.5%4.6%
  $34,970$37,638
  $86,667$69,021
  $117,813$85,028
  Population by Occupation
  7.6%1.2%
  0.3%0.5%
  14.9%6.8%
  11.2%10.0%
  1.3%2.5%
  1.7%11.0%
  7.6%4.8%
  0.7%0.8%
  1.0%1.9%
  3.0%4.7%
  1.0%1.9%
  0.3%7.6%
  0.0%0.1%
  4.3%4.2%
  21.1%9.3%
  13.5%14.0%
  3.0%2.1%
  1.3%7.0%
  1.3%4.8%
  5.0%4.7%
Health