Zip 52569 (Melrose, IA) Economy


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United States / Iowa / No Metro Area / Monroe County / Melrose / Melrose (zip 52569)
52569 Melrose, IA is a small rural town located in Butler County with a population of approximately 544 people. The average 2 bedroom rent in this area is $830, which is much less than the national average of $1,430. Additionally, the Grocery Cost Index here is 95 compared to 100 for the US. There are several local businesses in Melrose, including Lori’s Dine & Dash Restaurant, Neal Heating & Air Conditioning, and Plumbing Solutions Inc. These businesses provide employment opportunities for locals and help keep the economy running. In addition to these businesses, residents have access to a variety of recreational activities such as kayaking on Big Creek Lake or enjoying the outdoors at Humeston Recreation Park.

Melrose (zip 52569) has an unemployment rate of 4.2%. The US average is 6.0%.

Melrose (zip 52569) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 19.2%, which is lower than the US average of 33.5%.

Tax Rates for Melrose (zip 52569)
- The Sales Tax Rate for Melrose (zip 52569) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Melrose (zip 52569) 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 Melrose (zip 52569)
- The average income of a Melrose (zip 52569) resident is $22,876 a year. The US average is $28,555 a year.
- The Median household income of a Melrose (zip 52569) resident is $62,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMelrose, IowaUnited States
  4.26
  -5.2%-6.2%
  19.2%33.5%
  7.0%6.2%
  7.4%4.6%
  $45,898$37,638
  $62,750$69,021
  $72,426$85,028
  Population by Occupation
  5.5%1.2%
  0.0%0.5%
  14.7%6.8%
  27.7%10.0%
  2.3%2.5%
  15.2%11.0%
  11.5%4.8%
  0.0%0.8%
  1.4%1.9%
  1.4%4.7%
  4.1%1.9%
  0.0%7.6%
  0.0%0.1%
  0.9%4.2%
  0.5%9.3%
  2.8%14.0%
  0.0%2.1%
  5.5%7.0%
  6.5%4.8%
  0.0%4.7%
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