Zip 51026 (Hornick, IA) Economy


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51026 Hornick, IA is a great place to live for its affordability. The 2 bedroom rent is just $810 compared to the US average of $1,430. This makes it attractive for people on a budget or looking to save money. In addition, the Grocery Cost Index is 94 versus 100 in the US which adds to the overall savings potential for residents. Local businesses in 51026 Hornick include Christian's Appliance and Furniture, Hornick Fire and EMS Station, Edwards Construction and Repair LLC, and H&H Bait & Tackle. All of these businesses offer quality products and services at competitive prices. With low rent and grocery costs combined with local business options, 51026 Hornick offers an excellent cost-of-living that makes it a desirable place to live for many.

Hornick (zip 51026) has an unemployment rate of 4.5%. The US average is 6.0%.

Hornick (zip 51026) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Hornick (zip 51026)
- The Sales Tax Rate for Hornick (zip 51026) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hornick (zip 51026) 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 Hornick (zip 51026)
- The average income of a Hornick (zip 51026) resident is $26,449 a year. The US average is $28,555 a year.
- The Median household income of a Hornick (zip 51026) resident is $75,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHornick, IowaUnited States
  4.56
  -6.1%-6.2%
  22.7%33.5%
  7.0%6.2%
  7.5%4.6%
  $35,053$37,638
  $75,625$69,021
  $78,750$85,028
  Population by Occupation
  12.2%1.2%
  0.0%0.5%
  6.7%6.8%
  8.4%10.0%
  5.5%2.5%
  18.8%11.0%
  3.8%4.8%
  0.0%0.8%
  5.1%1.9%
  0.4%4.7%
  0.0%1.9%
  0.0%7.6%
  0.4%0.1%
  4.9%4.2%
  12.0%9.3%
  13.7%14.0%
  0.2%2.1%
  1.3%7.0%
  5.8%4.8%
  0.7%4.7%
Health