Zip 50171 (Montezuma, IA) Economy


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United States / Iowa / No Metro Area / Poweshiek County / Montezuma / Montezuma (zip 50171)
The town of Montezuma, Iowa (zip code 50171) is a great place to live and work. With a population of just over 1,000 people, it offers a more rural atmosphere than larger cities. The two-bedroom rent in Montezuma is an affordable $710 while the US average is $1,430 dollars per month. Grocery costs in Montezuma are also lower with an index of 96 compared to the US mark of 100.
Montezuma is home to several local businesses like McBride Family Pharmacy, which has been providing pharmacy services since 1904; Monetzuma Tire & Automotive for all your auto repair needs; Chicken Coop Café for amazing breakfast and lunch options; Mid-America Distributors for plumbing supplies and repairs; and The Garden Salon & Boutique for hair care services.
Living in Montezuma is not only convenient but also very cost effective allowing families to save money on everyday living expenses like rent and groceries while still having access to local businesses that provide essential services as well as recreational activities such as shopping at The Garden Salon & Boutique or enjoying a meal at Chicken Coop Café.

Montezuma (zip 50171) has an unemployment rate of 4.7%. The US average is 6.0%.

Montezuma (zip 50171) has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.

Tax Rates for Montezuma (zip 50171)
- The Sales Tax Rate for Montezuma (zip 50171) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Montezuma (zip 50171) 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 Montezuma (zip 50171)
- The average income of a Montezuma (zip 50171) resident is $29,588 a year. The US average is $28,555 a year.
- The Median household income of a Montezuma (zip 50171) resident is $52,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMontezuma, IowaUnited States
  4.76
  -9.3%-6.2%
  21.4%33.5%
  7.0%6.2%
  7.5%4.6%
  $34,301$37,638
  $52,917$69,021
  $75,556$85,028
  Population by Occupation
  3.9%1.2%
  1.0%0.5%
  12.1%6.8%
  17.0%10.0%
  1.6%2.5%
  14.8%11.0%
  6.0%4.8%
  2.3%0.8%
  3.0%1.9%
  10.6%4.7%
  0.0%1.9%
  2.3%7.6%
  0.2%0.1%
  2.1%4.2%
  6.8%9.3%
  5.2%14.0%
  0.2%2.1%
  2.7%7.0%
  1.8%4.8%
  6.4%4.7%
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