Zip 50647 (Janesville, IA) Economy


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Janesville, Iowa (zip code 50647) is a small town located in Black Hawk County. The estimated population of Janesville is 802 people, and the median household income is $66,754. The average 2 bedroom rent in Janesville is $880 per month, which is significantly less than the US average of $1,430. Additionally, the grocery cost index in Janesville is 98 compared to 100 in the US.
The city of Janesville offers several amenities for its residents including a few local businesses. For example, there's Daisy Mae's Garden Center, which provides top-notch gardening supplies and landscaping services; A&G Auto Repair for automotive repairs; and Anna Belle's Café which serves delicious locally grown food options. Other local companies include Steve's Heating & Cooling, Superior Concrete Walls & Foundations Inc., and Economy Pump & Well Drilling Co.

Janesville (zip 50647) has an unemployment rate of 3.4%. The US average is 6.0%.

Janesville (zip 50647) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.

Tax Rates for Janesville (zip 50647)
- The Sales Tax Rate for Janesville (zip 50647) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Janesville (zip 50647) 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 Janesville (zip 50647)
- The average income of a Janesville (zip 50647) resident is $26,215 a year. The US average is $28,555 a year.
- The Median household income of a Janesville (zip 50647) resident is $97,763 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJanesville, IowaUnited States
  3.46
  -6.9%-6.2%
  23.5%33.5%
  7.0%6.2%
  7.5%4.6%
  $38,246$37,638
  $97,763$69,021
  $106,806$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  10.5%6.8%
  24.7%10.0%
  4.6%2.5%
  7.0%11.0%
  2.6%4.8%
  1.9%0.8%
  0.9%1.9%
  8.4%4.7%
  0.4%1.9%
  1.0%7.6%
  0.0%0.1%
  2.5%4.2%
  14.3%9.3%
  5.4%14.0%
  0.7%2.1%
  4.7%7.0%
  8.4%4.8%
  1.6%4.7%
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