Zip 50038 (Booneville, IA) Economy


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Booneville, IA, the small town of 50038 is known for its friendly people and cozy atmosphere. Located in the heart of Iowa, Booneville offers a variety of local companies to explore. In terms of housing, 2 bedroom rent cost averages around $1,150 which is less than the US average by about $280. Additionally the Grocery Cost Index in Booneville is at 95 versus 100 in the US. Popular local companies include The David Wells Agency LLC which offers insurance services as well as Bronson Farms Bakery & Deli for all your bakery needs. Beyond businesses there are plenty of outdoor activities to enjoy such as hiking at White Pole Recreation Area and fishing at Beaver Lake. The historic downtown area offers multiple antique stores to explore sure to delight history buffs and collectors alike. With so much to offer Booneville promises a unique experience that won’t soon be forgotten.

Booneville (zip 50038) has an unemployment rate of 3.0%. The US average is 6.0%.

Booneville (zip 50038) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 45.2%, which is higher than the US average of 33.5%.

Tax Rates for Booneville (zip 50038)
- The Sales Tax Rate for Booneville (zip 50038) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Booneville (zip 50038) 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 Booneville (zip 50038)
- The average income of a Booneville (zip 50038) resident is $26,712 a year. The US average is $28,555 a year.
- The Median household income of a Booneville (zip 50038) resident is $66,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBooneville, IowaUnited States
  36
  -6.0%-6.2%
  45.2%33.5%
  7.0%6.2%
  7.4%4.6%
  $26,083$37,638
  $66,000$69,021
  $68,500$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.3%6.8%
  0.0%10.0%
  13.7%2.5%
  15.3%11.0%
  8.9%4.8%
  0.0%0.8%
  3.2%1.9%
  8.1%4.7%
  0.0%1.9%
  4.0%7.6%
  0.0%0.1%
  12.9%4.2%
  0.0%9.3%
  20.2%14.0%
  6.5%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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