Zip 50609 (Beaman, IA) Economy


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50609 Beaman, IA is a small town located near Marshalltown, IA. It has a population of around 600 people and is home to several local businesses. Some of these businesses include JB's Family Restaurant, Hot Spot Convenience Store, D&G Liquor Store, and Northside Lumber Company. The average two bedroom rent in the town is $860 compared to the US two bedroom rent of $1,430. The grocery cost index in 50609 Beaman, IA is 93 versus the US index of 100. Whether you're looking for a place to stay or simply grabbing some essentials for your home, 50609 Beaman, IA has many options available for you.

Beaman (zip 50609) has an unemployment rate of 4.3%. The US average is 6.0%.

Beaman (zip 50609) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 19.6%, which is lower than the US average of 33.5%.

Tax Rates for Beaman (zip 50609)
- The Sales Tax Rate for Beaman (zip 50609) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Beaman (zip 50609) 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 Beaman (zip 50609)
- The average income of a Beaman (zip 50609) resident is $23,351 a year. The US average is $28,555 a year.
- The Median household income of a Beaman (zip 50609) resident is $79,615 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBeaman, IowaUnited States
  4.36
  -6.9%-6.2%
  19.6%33.5%
  7.0%6.2%
  7.5%4.6%
  $45,736$37,638
  $79,615$69,021
  $79,750$85,028
  Population by Occupation
  5.3%1.2%
  0.0%0.5%
  14.7%6.8%
  20.8%10.0%
  5.7%2.5%
  11.3%11.0%
  0.0%4.8%
  1.9%0.8%
  0.0%1.9%
  0.8%4.7%
  0.8%1.9%
  5.7%7.6%
  0.0%0.1%
  0.8%4.2%
  3.0%9.3%
  20.0%14.0%
  0.0%2.1%
  1.1%7.0%
  6.8%4.8%
  1.5%4.7%
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