Zip 50006 (Alden, IA) Economy


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United States / Iowa / No Metro Area / Hardin County / Alden / Alden (zip 50006)
50006 Alden, IA is a rural town located in Hardin County with a population of approximately 814 people. The average 2 bedroom rent in Alden is $840, which is much lower than the US average rent of $1,430. It also has an index score for grocery cost that is 94 versus 100 in the US. These two factors combined make it an ideal area for those looking to save money on housing and groceries as the cost of living in Alden is much lower than other areas.
Alden offers a variety of local businesses that contribute to its economy. This includes Valley Market & Deli, Mauer Brothers Automotive Repair, and Hartman's Auto Services among others. While small businesses are plentiful in Alden, there are also larger companies located within 15 miles such as Iowa Central Community College and Tyson Foods Incorporated. With its low costs and plenty of business opportunities available nearby, 50006 Alden, IA is an attractive option for both young professionals and families alike.

Alden (zip 50006) has an unemployment rate of 4.5%. The US average is 6.0%.

Alden (zip 50006) 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 Alden (zip 50006)
- The Sales Tax Rate for Alden (zip 50006) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Alden (zip 50006) 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 Alden (zip 50006)
- The average income of a Alden (zip 50006) resident is $31,341 a year. The US average is $37,638 a year.
- The Median household income of a Alden (zip 50006) resident is $62,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlden, IowaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    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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