Zip 50107 (Grand Junction, IA) Economy


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United States / Iowa / No Metro Area / Greene County / Grand Junction / Grand Junction (zip 50107)
Grand Junction, IA 50107 is a small rural town with a population of just over 1,000 people. It's perfect for those looking for an escape from the hustle and bustle of city life. Despite its size, this town offers big city amenities including affordable rent options. The average two bedroom rent in Grand Junction is $890 compared to the US average of $1,430. Grand Junction also offers residents access to employment opportunities locally through Grand Junction Industries and Midwest Biodiesel Energy in addition to health care services from Grand Health Partners. Residents can also take advantage of interesting attractions such as the Booneville Covered Bridge or attend events at the Winterset Square Historical Museum.

Grand Junction (zip 50107) has an unemployment rate of 3.3%. The US average is 6.0%.

Grand Junction (zip 50107) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 21.8%, which is lower than the US average of 33.5%.

Tax Rates for Grand Junction (zip 50107)
- The Sales Tax Rate for Grand Junction (zip 50107) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Grand Junction (zip 50107) 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 Grand Junction (zip 50107)
- The average income of a Grand Junction (zip 50107) resident is $21,059 a year. The US average is $28,555 a year.
- The Median household income of a Grand Junction (zip 50107) resident is $48,542 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrand Junction, IowaUnited States
  3.36
  -4.4%-6.2%
  21.8%33.5%
  7.0%6.2%
  7.5%4.6%
  $25,492$37,638
  $48,542$69,021
  $61,250$85,028
  Population by Occupation
  3.5%1.2%
  0.0%0.5%
  7.0%6.8%
  12.3%10.0%
  1.5%2.5%
  11.0%11.0%
  10.6%4.8%
  0.0%0.8%
  1.1%1.9%
  3.1%4.7%
  0.4%1.9%
  0.7%7.6%
  0.0%0.1%
  8.6%4.2%
  7.3%9.3%
  19.8%14.0%
  3.5%2.1%
  1.5%7.0%
  6.4%4.8%
  1.5%4.7%
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