Zip 50516 (Badger, IA) Economy


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Badger, IA is a small city located in the 50516 zip code. The city is known for its low cost of living, with 2 bedroom rent costing just $800 compared to the US average of $1,430. Furthermore, grocery costs are incredibly inexpensive here compared to elsewhere in the country with its Grocery Cost Index at 93 versus 100 in the US. A variety of local businesses call Badger, IA home such as Badger Electric Inc., L&S Repair Service Inc., and Wasa-Mara Farm Supply Inc. These companies provide essential services that help keep this town running smoothly day in and day out.

Badger (zip 50516) has an unemployment rate of 4.7%. The US average is 6.0%.

Badger (zip 50516) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 17.7%, which is lower than the US average of 33.5%.

Tax Rates for Badger (zip 50516)
- The Sales Tax Rate for Badger (zip 50516) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Badger (zip 50516) 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 Badger (zip 50516)
- The average income of a Badger (zip 50516) resident is $24,195 a year. The US average is $28,555 a year.
- The Median household income of a Badger (zip 50516) resident is $70,865 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBadger, IowaUnited States
  4.76
  -7.3%-6.2%
  17.7%33.5%
  7.0%6.2%
  7.5%4.6%
  $34,375$37,638
  $70,865$69,021
  $82,083$85,028
  Population by Occupation
  5.2%1.2%
  0.0%0.5%
  13.3%6.8%
  14.2%10.0%
  7.8%2.5%
  8.1%11.0%
  2.6%4.8%
  0.0%0.8%
  0.7%1.9%
  1.2%4.7%
  0.2%1.9%
  7.6%7.6%
  0.0%0.1%
  2.4%4.2%
  7.3%9.3%
  21.1%14.0%
  0.0%2.1%
  3.1%7.0%
  1.7%4.8%
  3.6%4.7%
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