Zip 50557 (Lehigh, IA) Economy


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50557 Lehigh, IA is an affordable place to live with a 2 bedroom rent of only $800. This is significantly lower than the US average at $1,430. Grocery prices are also very reasonable as the cost index for Lehigh is 92 compared to 100 in the US. Locals can benefit from some of the great businesses in the area like Convenient Food Mart, which has a cost of living index of 83 and Dairy Queen which has a cost of living index 95. All in all, 50557 Lehigh, IA is an affordable place to live with some great local companies offering goods and services at reasonable prices.

Lehigh (zip 50557) has an unemployment rate of 4.7%. The US average is 6.0%.

Lehigh (zip 50557) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 17.7%, which is lower than the US average of 33.5%.

Tax Rates for Lehigh (zip 50557)
- The Sales Tax Rate for Lehigh (zip 50557) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lehigh (zip 50557) 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 Lehigh (zip 50557)
- The average income of a Lehigh (zip 50557) resident is $22,165 a year. The US average is $28,555 a year.
- The Median household income of a Lehigh (zip 50557) resident is $66,944 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLehigh, IowaUnited States
  4.76
  -7.3%-6.2%
  17.7%33.5%
  7.0%6.2%
  7.5%4.6%
  $34,414$37,638
  $66,944$69,021
  $81,250$85,028
  Population by Occupation
  6.3%1.2%
  0.0%0.5%
  8.4%6.8%
  8.9%10.0%
  5.6%2.5%
  14.0%11.0%
  6.3%4.8%
  0.0%0.8%
  2.5%1.9%
  0.5%4.7%
  0.0%1.9%
  4.8%7.6%
  0.0%0.1%
  4.3%4.2%
  14.5%9.3%
  14.0%14.0%
  0.5%2.1%
  1.8%7.0%
  4.1%4.8%
  3.6%4.7%
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