Zip 50317 (Des Moines, IA) Economy


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50317 Des Moines, IA is an area that offers affordable living expenses compared to the national average. The average two bedroom rent in the area is $1,010 while it is $1,430 nationally. Additionally, the grocery cost index in 50317 Des Moines, IA is 95 compared to 100 nationwide. This makes this location an ideal place for those who are budget conscious. Local companies like Principal Financial Group, Hy-Vee Inc., and UnityPoint Health are some of the major employers in the area that offer great job opportunities for its residents.

Des Moines (zip 50317) has an unemployment rate of 5.9%. The US average is 6.0%.

Des Moines (zip 50317) has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is higher than the US average of 33.5%.

Tax Rates for Des Moines (zip 50317)
- The Sales Tax Rate for Des Moines (zip 50317) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Des Moines (zip 50317) 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 Des Moines (zip 50317)
- The average income of a Des Moines (zip 50317) resident is $21,281 a year. The US average is $28,555 a year.
- The Median household income of a Des Moines (zip 50317) resident is $58,672 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDes Moines, IowaUnited States
  5.96
  -6.0%-6.2%
  37.4%33.5%
  6.0%6.2%
  7.4%4.6%
  $27,718$37,638
  $58,672$69,021
  $67,776$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  9.1%6.8%
  12.0%10.0%
  2.7%2.5%
  15.0%11.0%
  6.2%4.8%
  0.6%0.8%
  0.9%1.9%
  9.1%4.7%
  0.4%1.9%
  4.2%7.6%
  0.1%0.1%
  5.1%4.2%
  4.7%9.3%
  13.5%14.0%
  0.9%2.1%
  7.3%7.0%
  5.0%4.8%
  3.1%4.7%
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