Zip 51037 (Meriden, IA) Economy


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United States / Iowa / No Metro Area / Cherokee County / Meriden / Meriden (zip 51037)
Meriden, IA (51037) is a small rural town in Iowa with a population of around 635 people. It offers an excellent cost of living with reasonably priced 2 bedroom rents at $800 compared to the US average of $1,430. Additionally, Meriden offers a lower grocery cost index of 92 compared to the US average of 100. The low cost of living makes it ideal for those looking for affordable housing and the opportunity to save. Some local companies include Kockler Farms which specializes in grain farming and feed production as well as Meriden Country Club, where residents can enjoy golfing and other recreational activities.

Meriden (zip 51037) has an unemployment rate of 3.9%. The US average is 6.0%.

Meriden (zip 51037) 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 22.0%, which is lower than the US average of 33.5%.

Tax Rates for Meriden (zip 51037)
- The Sales Tax Rate for Meriden (zip 51037) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Meriden (zip 51037) 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 Meriden (zip 51037)
- The average income of a Meriden (zip 51037) resident is $19,055 a year. The US average is $28,555 a year.
- The Median household income of a Meriden (zip 51037) resident is $74,063 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMeriden, IowaUnited States
  3.96
  -1.7%-6.2%
  22.0%33.5%
  7.0%6.2%
  7.5%4.6%
  $27,436$37,638
  $74,063$69,021
  $82,639$85,028
  Population by Occupation
  13.1%1.2%
  0.0%0.5%
  21.3%6.8%
  11.5%10.0%
  0.8%2.5%
  8.2%11.0%
  4.9%4.8%
  0.8%0.8%
  1.6%1.9%
  0.8%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  2.5%4.2%
  5.7%9.3%
  15.6%14.0%
  0.0%2.1%
  3.3%7.0%
  9.0%4.8%
  0.8%4.7%
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