Zip 50444 (Hanlontown, IA) Economy


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50444 Hanlontown, IA is a small town with a population of about 518 people. The 2 bedroom rent in 50444 Hanlontown, IA is relatively lower than the US average which is $1,430 at only $770. Grocery costs in 50444 Hanlontown, IA are also lower than in the US with an index score of 96 compared to 100. This makes living in this rural community quite attractive for those looking for affordable housing and cost of living expenses. Major local companies include Landus Cooperative and Iowa Select Farms which both serve the agricultural industry in the area. All-in-all, 50444 Hanlontown, IA offers its residents much lower cost of living expenses than found on average across the United States.

Hanlontown (zip 50444) has an unemployment rate of 4.7%. The US average is 6.0%.

Hanlontown (zip 50444) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.

Tax Rates for Hanlontown (zip 50444)
- The Sales Tax Rate for Hanlontown (zip 50444) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hanlontown (zip 50444) 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 Hanlontown (zip 50444)
- The average income of a Hanlontown (zip 50444) resident is $22,390 a year. The US average is $28,555 a year.
- The Median household income of a Hanlontown (zip 50444) resident is $63,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHanlontown, IowaUnited States
  4.76
  -6.2%-6.2%
  27.6%33.5%
  7.0%6.2%
  7.5%4.6%
  $30,675$37,638
  $63,500$69,021
  $73,472$85,028
  Population by Occupation
  4.5%1.2%
  0.0%0.5%
  8.4%6.8%
  11.2%10.0%
  1.7%2.5%
  21.9%11.0%
  2.8%4.8%
  0.6%0.8%
  0.0%1.9%
  5.6%4.7%
  0.0%1.9%
  0.6%7.6%
  0.0%0.1%
  4.5%4.2%
  1.1%9.3%
  14.0%14.0%
  1.1%2.1%
  1.7%7.0%
  5.1%4.8%
  15.2%4.7%
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