Zip 50142 (Le Grand, IA) Economy


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Le Grand, Iowa is a great place to live with a population of 50142. The two bedroom rent in Le Grand is $830 which is much lower than the US average of $1,430. The grocery cost index in Le Grand is also lower than the US national average at 94 versus 100. As such, it can be seen that living in Le Grand is quite affordable. There are many local companies which contribute to the growth of this city such as Big River Tractor Parts & Repair Inc., Big Creek Farms LLC and K&R Taxidermy LLC. These companies offer services ranging from tractor parts and repair, farming to taxidermy which helps local citizens while also contributing greatly to the economy of Le Grand.

Le Grand (zip 50142) has an unemployment rate of 7.8%. The US average is 6.0%.

Le Grand (zip 50142) has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 10.3%, which is lower than the US average of 33.5%.

Tax Rates for Le Grand (zip 50142)
- The Sales Tax Rate for Le Grand (zip 50142) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Le Grand (zip 50142) 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 Le Grand (zip 50142)
- The average income of a Le Grand (zip 50142) resident is $24,914 a year. The US average is $28,555 a year.
- The Median household income of a Le Grand (zip 50142) resident is $57,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLe Grand, IowaUnited States
  7.86
  -5.9%-6.2%
  10.3%33.5%
  7.0%6.2%
  7.5%4.6%
  $34,071$37,638
  $57,500$69,021
  $70,469$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.4%6.8%
  19.8%10.0%
  1.0%2.5%
  8.1%11.0%
  7.9%4.8%
  3.6%0.8%
  0.0%1.9%
  3.3%4.7%
  0.5%1.9%
  0.3%7.6%
  0.0%0.1%
  3.1%4.2%
  10.4%9.3%
  18.6%14.0%
  5.9%2.1%
  1.3%7.0%
  3.8%4.8%
  4.1%4.7%
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