Zip 50165 (Millerton, IA) Economy


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United States / Iowa / No Metro Area / Wayne County / Millerton / Millerton (zip 50165)
Millerton, Iowa (50165) is a small town located in northeastern Iowa. The town has an estimated population of around 700 people and offers residents a rural feel. Despite its small size, Millerton has many amenities for its residents. For starters, the 2 Bedroom rent in Millerton is around $770 which is much lower than the national average of $1,430. Furthermore, there are numerous local businesses including Casey's General Store, D&L Farms Amish Furniture & Accessories, and Olde Towne Antiques. Residents here can also expect to find quality groceries at affordable prices due to the Grocery Cost Index which is 93 in Millerton versus 100 in the US. All these factors make Millerton an ideal place for those looking for an affordable and comfortable lifestyle.

Millerton (zip 50165) has an unemployment rate of 3.6%. The US average is 6.0%.

Millerton (zip 50165) has seen the job market decrease by -4.2% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.

Tax Rates for Millerton (zip 50165)
- The Sales Tax Rate for Millerton (zip 50165) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Millerton (zip 50165) is 9.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Millerton (zip 50165)
- The average income of a Millerton (zip 50165) resident is $28,669 a year. The US average is $37,638 a year.
- The Median household income of a Millerton (zip 50165) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMillerton, IowaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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