Zip 52647 (Olds, IA) Economy


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United States / Iowa / No Metro Area / Henry County / Olds / Olds (zip 52647)
Olds, IA with the zip code of 52647 is a small city located in Iowa County. Living in Olds is relatively affordable with an average 2 bedroom rent of $840 compared to the US average of $1,430. Grocery Cost Index in Olds is 93 versus 100 in the US so grocery shopping for households is also very economical. Olds offers a variety of local businesses from restaurants like Big G's Pizza to banks like Peoples Bank & Trust Co. Other services include a post office, library and community center. The city offers several parks for recreational activities, a golf course and many churches so you can expect to find something that suits your lifestyle! Olds is a great place for people who want to live close to nature and save money on their living costs as it has relatively low rents and grocery prices.

Olds (zip 52647) has an unemployment rate of 4.0%. The US average is 6.0%.

Olds (zip 52647) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.

Tax Rates for Olds (zip 52647)
- The Sales Tax Rate for Olds (zip 52647) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Olds (zip 52647) 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 Olds (zip 52647)
- The average income of a Olds (zip 52647) resident is $24,346 a year. The US average is $28,555 a year.
- The Median household income of a Olds (zip 52647) resident is $61,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOlds, IowaUnited States
  46
  -6.1%-6.2%
  33.8%33.5%
  7.0%6.2%
  7.5%4.6%
  $26,784$37,638
  $61,250$69,021
  $80,833$85,028
  Population by Occupation
  2.2%1.2%
  0.0%0.5%
  5.5%6.8%
  23.1%10.0%
  0.0%2.5%
  12.1%11.0%
  2.2%4.8%
  7.7%0.8%
  0.0%1.9%
  5.5%4.7%
  2.2%1.9%
  1.1%7.6%
  0.0%0.1%
  0.0%4.2%
  1.1%9.3%
  14.3%14.0%
  0.0%2.1%
  0.0%7.0%
  11.0%4.8%
  12.1%4.7%
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