Zip 52766 (Nichols, IA) Economy


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Nichols, IA 52766 is a city located in Cedar County, Iowa. It offers a wide range of amenities such as the Nichols Inn, which provides lodging to visitors, and the local restaurant Dickey’s Barbecue Pit. Other local businesses include L&M Tire & Automotive Repair Service, Smiley's Wrecker Service and Nichols Grocery Store. The rental costs for two bedroom apartments in Nichols is $1,290 whereas the US average cost for two bedroom apartments is $1,430. Further, the Grocery Cost Index in Nichols is 96 versus 100 in the US. With its convenient locations of businesses and amenities residents are sure to enjoy all that Nichols has to offer.

Nichols (zip 52766) has an unemployment rate of 4.8%. The US average is 6.0%.

Nichols (zip 52766) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Nichols (zip 52766)
- The Sales Tax Rate for Nichols (zip 52766) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Nichols (zip 52766) 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 Nichols (zip 52766)
- The average income of a Nichols (zip 52766) resident is $31,272 a year. The US average is $28,555 a year.
- The Median household income of a Nichols (zip 52766) resident is $59,766 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNichols, IowaUnited States
  4.86
  -7.7%-6.2%
  22.7%33.5%
  7.0%6.2%
  7.5%4.6%
  $33,242$37,638
  $59,766$69,021
  $88,512$85,028
  Population by Occupation
  16.4%1.2%
  0.0%0.5%
  7.5%6.8%
  19.9%10.0%
  0.2%2.5%
  7.3%11.0%
  8.2%4.8%
  0.2%0.8%
  3.8%1.9%
  1.8%4.7%
  0.0%1.9%
  3.8%7.6%
  0.0%0.1%
  0.4%4.2%
  20.4%9.3%
  8.0%14.0%
  0.4%2.1%
  0.4%7.0%
  1.3%4.8%
  0.0%4.7%
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