Zip 51230 (Alvord, IA) Economy


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United States / Iowa / No Metro Area / Lyon County / Alvord / Alvord (zip 51230)
Alvord, IA (Zip Code 51230) is a small rural community located in central Iowa. The average 2 bedroom rental rate in Alvord is $800 per month, which is significantly lower than the national average of $1,430. The local Grocery Cost Index is 92 versus 100 in the US, making groceries here more affordable than most other places. There are several great businesses in Alvord ranging from agriculture-related stores to family restaurants such as Dolly's Cafe and Country Churn Ice Cream Parlor. Furthermore, Alvord has some unique antique shops such as The Antique Mall and the Barnyard Finds. There are also many small local businesses like Quality Mfg., which focuses on manufacturing parts for wind turbines, and Alvord Plating Co., Inc., which specializes in metal plating services. With its low cost of living and diverse business offerings, Alvord is an excellent place to live and work.

Alvord (zip 51230) has an unemployment rate of 2.7%. The US average is 6.0%.

Alvord (zip 51230) has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.

Tax Rates for Alvord (zip 51230)
- The Sales Tax Rate for Alvord (zip 51230) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Alvord (zip 51230) 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 Alvord (zip 51230)
- The average income of a Alvord (zip 51230) resident is $23,445 a year. The US average is $37,638 a year.
- The Median household income of a Alvord (zip 51230) resident is $63,871 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlvord, 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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