Zip 50123 (Humeston, IA) Economy


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United States / Iowa / No Metro Area / Wayne County / Humeston / Humeston (zip 50123)
Humeston, Iowa (50123) is an agriculturally based community in Wayne County. Local businesses in the area include The Hometown Grocery Store, Humeston Country Store, Smitty's Bar & Grill, and El Rancho Mexican Restaurant. Humeston offers affordable rent for two-bedroom apartments at $700 per month, which is significantly lower than the national average of $1,430. Additionally, grocery costs are relatively low with a Grocery Cost Index score of 92 compared to the national average of 100. For those looking for an affordable rural setting with easy access to major cities like Des Moines and Omaha, Humeston is a great option.

Humeston (zip 50123) has an unemployment rate of 3.6%. The US average is 6.0%.

Humeston (zip 50123) has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.

Tax Rates for Humeston (zip 50123)
- The Sales Tax Rate for Humeston (zip 50123) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Humeston (zip 50123) is 9.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Humeston (zip 50123)
- The average income of a Humeston (zip 50123) resident is $25,112 a year. The US average is $28,555 a year.
- The Median household income of a Humeston (zip 50123) resident is $57,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHumeston, IowaUnited States
  3.66
  -4.2%-6.2%
  21.5%33.5%
  7.0%6.2%
  7.5%4.6%
  $48,086$37,638
  $57,250$69,021
  $71,691$85,028
  Population by Occupation
  12.8%1.2%
  0.0%0.5%
  9.9%6.8%
  7.4%10.0%
  4.1%2.5%
  15.6%11.0%
  9.9%4.8%
  3.8%0.8%
  0.0%1.9%
  3.6%4.7%
  0.0%1.9%
  1.5%7.6%
  0.0%0.1%
  1.0%4.2%
  9.9%9.3%
  12.0%14.0%
  0.0%2.1%
  0.8%7.0%
  5.6%4.8%
  2.0%4.7%
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