Zip 51557 (Mondamin, IA) Economy


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Mondamin, IA (51557) is a small town located in Harrison County with an estimated population of just over 500 people. It is a great place for those looking to get away from the hustle and bustle of city life and enjoy some peace and quiet. The average rent for a two-bedroom apartment in Mondamin is $870 per month, which is much lower than the national average of $1,430. Additionally, groceries are more affordable as the Grocery Cost Index in Mondamin is 95 versus 100 in the US.
There are several local companies that provide goods and services to the residents of Mondamin, including Iowa State Cattle Company which sells quality beef products; Trimble Meats which offers pork, poultry, and other specialty meats; Parmer's Old Timey Barbecue which provides delicious barbecue delights; and Dover Produce Greenhouse which has a wide variety of seasonal vegetables. Shopping locally helps to support these businesses while providing fresher and tastier products than any supermarket could possibly offer.

Mondamin (zip 51557) has an unemployment rate of 3.9%. The US average is 6.0%.

Mondamin (zip 51557) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.

Tax Rates for Mondamin (zip 51557)
- The Sales Tax Rate for Mondamin (zip 51557) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mondamin (zip 51557) 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 Mondamin (zip 51557)
- The average income of a Mondamin (zip 51557) resident is $34,971 a year. The US average is $37,638 a year.
- The Median household income of a Mondamin (zip 51557) resident is $67,313 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMondamin, IowaUnited States
  3.96
  -5.7%-6.2%
  24.9%33.5%
  7.0%6.2%
  7.5%4.6%
  $34,971$37,638
  $67,313$69,021
  $82,125$85,028
  Population by Occupation
  5.0%1.2%
  0.5%0.5%
  12.4%6.8%
  10.5%10.0%
  4.3%2.5%
  4.3%11.0%
  3.6%4.8%
  2.1%0.8%
  0.2%1.9%
  4.3%4.7%
  1.4%1.9%
  4.5%7.6%
  0.0%0.1%
  1.7%4.2%
  12.4%9.3%
  18.1%14.0%
  1.2%2.1%
  4.1%7.0%
  5.3%4.8%
  4.1%4.7%
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