Zip 51243 (Little Rock, IA) Economy


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United States / Iowa / No Metro Area / Lyon County / Little Rock / Little Rock (zip 51243)
Little Rock, IA is a small town located in Winneshiek County with a population of 51243 people. The median 2 bedroom rent in Little Rock is $780 which is much lower than the US median of $1430. Grocery prices are also relatively low in Little Rock, with a grocery cost index of 92 versus 100 for the US. \nLittle Rock is home to several local companies including K&B Tooling, Iowa Cheese Company, and J&J Manufacturing. K&B Tooling produces custom metal parts for clients ranging from medical to manufacturing companies. Iowa Cheese Company creates award-winning artisan cheese throughout the Midwest and serves as one of Little Rock’s most successful businesses. Additionally, J&J Manufacturing specializes in customized cabinetry and furniture for both commercial and residential customers.

Little Rock (zip 51243) has an unemployment rate of 2.7%. The US average is 6.0%.

Little Rock (zip 51243) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.

Tax Rates for Little Rock (zip 51243)
- The Sales Tax Rate for Little Rock (zip 51243) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Little Rock (zip 51243) 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 Little Rock (zip 51243)
- The average income of a Little Rock (zip 51243) resident is $22,184 a year. The US average is $28,555 a year.
- The Median household income of a Little Rock (zip 51243) resident is $66,635 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLittle Rock, IowaUnited States
  2.76
  -5.2%-6.2%
  24.1%33.5%
  7.0%6.2%
  7.5%4.6%
  $30,377$37,638
  $66,635$69,021
  $68,438$85,028
  Population by Occupation
  5.7%1.2%
  0.0%0.5%
  6.8%6.8%
  25.7%10.0%
  2.8%2.5%
  7.1%11.0%
  4.0%4.8%
  0.6%0.8%
  3.7%1.9%
  2.0%4.7%
  0.6%1.9%
  2.5%7.6%
  0.0%0.1%
  0.6%4.2%
  11.0%9.3%
  20.3%14.0%
  0.8%2.1%
  2.5%7.0%
  1.7%4.8%
  1.7%4.7%
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