Zip 50601 (Ackley, IA) Economy


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United States / Iowa / No Metro Area / Hardin County / Ackley / Ackley (zip 50601)
The city of Ackley, Iowa (ZIP code 50601) is a small rural community, located about 60 miles north of Des Moines. It is home to only 1,440 residents and offers a peaceful lifestyle for its citizens. Ackley provides plenty of opportunity for outdoor recreation and has excellent access to nearby amenities via I-35. Local companies include agribusinesses such as Hy Line North America, Heartland Co-ops, and Countryside Family Farms. The median 2 bedroom rent in Ackley is $800 compared to the national average of $1,430 which reflects the lower cost of living in this area as well as the fact that local wages tend to be lower than other areas. The Grocery Cost Index in Ackley is 93 versus 100 in the US which further illustrates how groceries are more affordable here due to there being fewer competitors in the market and little demand from customers with limited disposable incomes.

Ackley (zip 50601) has an unemployment rate of 4.5%. The US average is 6.0%.

Ackley (zip 50601) has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 16.2%, which is lower than the US average of 33.5%.

Tax Rates for Ackley (zip 50601)
- The Sales Tax Rate for Ackley (zip 50601) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ackley (zip 50601) 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 Ackley (zip 50601)
- The average income of a Ackley (zip 50601) resident is $30,262 a year. The US average is $37,638 a year.
- The Median household income of a Ackley (zip 50601) resident is $53,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAckley, IowaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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