Zip 50624 (Dike, IA) Economy


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50624 Dike, IA is a small town located in Black Hawk County. It is home to a diverse population of just over 1,300 people. The average two bedroom rent in the area is $800, much lower than the national average of $1,430 per month. Grocery costs are also comparatively low at 98 compared to the national index score of 100.
The town boasts several local businesses and attractions for its residents. The Dikeside Pub & Grub is a popular spot for locals looking for good food and drinks in an inviting atmosphere. The Cedar Valley Nature Trail offers many miles of trails through the county that are great for biking or walking and taking in the scenery. Additionally, there are several parks located around town which provide great places to gather with friends or family for a picnic or game of frisbee golf.

Dike (zip 50624) has an unemployment rate of 4.3%. The US average is 6.0%.

Dike (zip 50624) 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 Dike (zip 50624)
- The Sales Tax Rate for Dike (zip 50624) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Dike (zip 50624) 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 Dike (zip 50624)
- The average income of a Dike (zip 50624) resident is $34,070 a year. The US average is $28,555 a year.
- The Median household income of a Dike (zip 50624) resident is $85,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDike, IowaUnited States
  4.36
  -6.9%-6.2%
  19.6%33.5%
  7.0%6.2%
  7.5%4.6%
  $43,232$37,638
  $85,625$69,021
  $100,438$85,028
  Population by Occupation
  5.8%1.2%
  0.0%0.5%
  9.0%6.8%
  9.7%10.0%
  4.7%2.5%
  8.5%11.0%
  4.7%4.8%
  0.0%0.8%
  0.9%1.9%
  7.9%4.7%
  1.0%1.9%
  5.2%7.6%
  0.0%0.1%
  1.3%4.2%
  15.6%9.3%
  16.2%14.0%
  1.3%2.1%
  3.3%7.0%
  2.3%4.8%
  2.4%4.7%
Health