The small town of Honey Creek, Iowa (51542) has a population of about 500 people. The median rent for a 2-bedroom apartment in this charming rural community is $1,270, which is significantly less than the national average of $1,430. Grocery costs are also lower here with an Index score of 100 compared to the US average index score of 100.
Residents looking for work will find several local businesses offering employment opportunities. Notable employers in Honey Creek include Elkhorn Industries LLC, Schooner Inc., and King's Country Machine Shop. Other important services in Honey Creek include a post office, local library, and several churches.
Honey Creek (zip 51542) has an unemployment rate of 4.3%. The US average is 6.0%.
Honey Creek (zip 51542) 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 27.5%, which is lower than the US average of 33.5%.
Tax Rates for Honey Creek (zip 51542)
- The Sales Tax Rate for Honey Creek (zip 51542) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Honey Creek (zip 51542) 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 Honey Creek (zip 51542)
- The average income of a Honey Creek (zip 51542) resident is $44,953 a year. The US average is $37,638 a year.
- The Median household income of a Honey Creek (zip 51542) resident is $106,750 a year. The US average is $69,021 a year.