Zip 50447 (Kanawha, IA) Economy


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United States / Iowa / No Metro Area / Hancock County / Kanawha / Kanawha (zip 50447)
Kanawha, IA is a small rural town that offers a peaceful lifestyle with all the amenities at hand. The average 2 bedroom rent in Kanawha is significantly lower than the US average, costing only $700 per month. Similarly, food costs are also more affordable here, with an index of 91 compared to 100 in the US. There are numerous local businesses such as Kanawha State Bank and Kanawha Manufacturing that make up the backbone of this community. All in all, Kanawha is a great place to live for those looking for a quiet town at an affordable cost of living.

Kanawha (zip 50447) has an unemployment rate of 3.8%. The US average is 6.0%.

Kanawha (zip 50447) has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 19.7%, which is lower than the US average of 33.5%.

Tax Rates for Kanawha (zip 50447)
- The Sales Tax Rate for Kanawha (zip 50447) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Kanawha (zip 50447) 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 Kanawha (zip 50447)
- The average income of a Kanawha (zip 50447) resident is $29,373 a year. The US average is $37,638 a year.
- The Median household income of a Kanawha (zip 50447) resident is $66,339 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKanawha, IowaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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