Zip 51033 (Linn Grove, IA) Economy


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51033 Linn Grove, IA is a small town located in Buena Vista County. With a population of just under 500 people, it has an intimate and welcoming community. The 2 bedroom rent in the area is $840, which is much lower than the US average of $1,430. Additionally, the cost of living index here is 92 versus 100 in the US. This makes it attractive for families who are looking for a more affordable cost of living.
There are several local businesses in 51033 Linn Grove, IA that offer many amenities to its residents. These include The Linn Grove Store & Café where locals can purchase groceries and also enjoy a delicious meal. The Town Hall is also located here as well as a Post Office where residents can mail packages and letters easily. There are also several small shops such as hair salons and clothing stores. Lastly, there’s a local bank for financial needs.

Linn Grove (zip 51033) has an unemployment rate of 3.0%. The US average is 6.0%.

Linn Grove (zip 51033) has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.

Tax Rates for Linn Grove (zip 51033)
- The Sales Tax Rate for Linn Grove (zip 51033) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Linn Grove (zip 51033) 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 Linn Grove (zip 51033)
- The average income of a Linn Grove (zip 51033) resident is $27,580 a year. The US average is $37,638 a year.
- The Median household income of a Linn Grove (zip 51033) resident is $45,583 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLinn Grove, 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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