Zip 50072 (Earlham, IA) Economy


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50072 Earlham, IA is a small town located in the Midwest with a population of about 650 people. This close-knit community offers many amenities including beautiful parks, family-owned restaurants, and unique shops. Despite its small size, 50072 Earlham is home to several larger businesses such as Hy-Vee and Casey's General Store. The cost of living in this area is quite reasonable, making it an ideal place to reside for those looking for an affordable lifestyle. For example, two bedroom rent here averages $960 per month whereas the U.S average is $1,430. Additionally, Grocery Cost Index in 50072 Earlham is 97 compared to 100 in the US,. Overall, 50072 Earlham provides an excellent living environment at a fraction of the cost of more populated areas.

Earlham (zip 50072) has an unemployment rate of 5.0%. The US average is 6.0%.

Earlham (zip 50072) has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 32.1%, which is lower than the US average of 33.5%.

Tax Rates for Earlham (zip 50072)
- The Sales Tax Rate for Earlham (zip 50072) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Earlham (zip 50072) 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 Earlham (zip 50072)
- The average income of a Earlham (zip 50072) resident is $27,830 a year. The US average is $28,555 a year.
- The Median household income of a Earlham (zip 50072) resident is $98,715 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEarlham, IowaUnited States
  56
  -6.0%-6.2%
  32.1%33.5%
  7.0%6.2%
  7.5%4.6%
  $43,597$37,638
  $98,715$69,021
  $108,750$85,028
  Population by Occupation
  4.4%1.2%
  0.6%0.5%
  7.3%6.8%
  6.3%10.0%
  3.1%2.5%
  12.1%11.0%
  5.2%4.8%
  1.7%0.8%
  1.9%1.9%
  14.5%4.7%
  0.5%1.9%
  8.2%7.6%
  0.0%0.1%
  4.6%4.2%
  8.7%9.3%
  12.4%14.0%
  0.6%2.1%
  2.8%7.0%
  2.9%4.8%
  2.3%4.7%
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