Zip 50119 (Harvey, IA) Economy


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United States / Iowa / No Metro Area / Marion County / Harvey / Harvey (zip 50119)
Harvey, IA 50119 is a small city in the western region of Iowa with an estimated population of around 2,500 people. The cost of a two-bedroom apartment in Harvey is significantly lower than the national average at $820 compared to $1,430. Additionally, the grocery cost index for this area is 96 versus 100 nationally. That means that groceries are more affordable than elsewhere in the US.
The local economy in Harvey is primarily supported by agricultural and industrial businesses and services such as Zellers Construction Company, Harlan Livestock Market & Auction House, and Starlite Cleaners.

Harvey (zip 50119) has an unemployment rate of 3.3%. The US average is 6.0%.

Harvey (zip 50119) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.

Tax Rates for Harvey (zip 50119)
- The Sales Tax Rate for Harvey (zip 50119) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Harvey (zip 50119) 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 Harvey (zip 50119)
- The average income of a Harvey (zip 50119) resident is $29,387 a year. The US average is $28,555 a year.
- The Median household income of a Harvey (zip 50119) resident is $49,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHarvey, IowaUnited States
  3.36
  -5.3%-6.2%
  30.1%33.5%
  7.0%6.2%
  7.5%4.6%
  $30,468$37,638
  $49,375$69,021
  $69,167$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.5%6.8%
  27.1%10.0%
  2.9%2.5%
  16.5%11.0%
  10.6%4.8%
  0.0%0.8%
  0.0%1.9%
  5.3%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  4.7%4.2%
  5.9%9.3%
  2.4%14.0%
  0.6%2.1%
  11.2%7.0%
  5.9%4.8%
  0.6%4.7%
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