Zip 50435 (Floyd, IA) Economy


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United States / Iowa / No Metro Area / Floyd County / Floyd / Floyd (zip 50435)
50435 Floyd, IA is a small community located in Floyd County. It has an estimated population of only 690 individuals. Despite its small size, there are many local businesses to choose from. Rent for a two bedroom apartment is relatively inexpensive at $780 per month, which is significantly lower than the US average of $1,430. Grocery costs in 50435 Floyd, IA are also lower than the national average – with a Grocery Cost Index of 93 versus 100 in the US. Popular local businesses include The Ivy House Country Store, Puffer’s Pub & Grill, and B&B Tire & Automotive. These establishments offer residents quality products and services that make living in 50435 Floyd, IA a pleasant experience.

Floyd (zip 50435) has an unemployment rate of 4.6%. The US average is 6.0%.

Floyd (zip 50435) has seen the job market decrease by -9.9% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.

Tax Rates for Floyd (zip 50435)
- The Sales Tax Rate for Floyd (zip 50435) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Floyd (zip 50435) 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 Floyd (zip 50435)
- The average income of a Floyd (zip 50435) resident is $30,621 a year. The US average is $37,638 a year.
- The Median household income of a Floyd (zip 50435) resident is $62,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFloyd, IowaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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