Zip 51559 (Neola, IA) Economy


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51559 Neola, IA is an ideal town to settle down in with it's affordable rent prices. The average two bedroom apartment costs just $930 compared to the US Average of $1,430. The grocery cost index is 97 in 51559 Neola, IA making it relatively cheaper than the US average of 100.
The town is located near numerous businesses such as Tri-State Concrete Services Inc, Neola Lumber Co Inc., and Holton Welding & Manufacturing Co Inc. For entertainment there are various attractions to visit such as SouthWest Iowa Golf Course and Big Lake Park where you can enjoy a day out and about with family or friends.

Neola (zip 51559) has an unemployment rate of 4.3%. The US average is 6.0%.

Neola (zip 51559) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.

Tax Rates for Neola (zip 51559)
- The Sales Tax Rate for Neola (zip 51559) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Neola (zip 51559) 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 Neola (zip 51559)
- The average income of a Neola (zip 51559) resident is $33,723 a year. The US average is $28,555 a year.
- The Median household income of a Neola (zip 51559) resident is $75,833 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNeola, IowaUnited States
  4.36
  -5.6%-6.2%
  27.5%33.5%
  7.0%6.2%
  7.5%4.6%
  $32,686$37,638
  $75,833$69,021
  $95,625$85,028
  Population by Occupation
  7.0%1.2%
  0.0%0.5%
  10.0%6.8%
  7.1%10.0%
  3.8%2.5%
  11.9%11.0%
  9.3%4.8%
  1.1%0.8%
  0.0%1.9%
  8.2%4.7%
  0.3%1.9%
  3.4%7.6%
  0.2%0.1%
  1.1%4.2%
  8.2%9.3%
  12.9%14.0%
  0.0%2.1%
  7.4%7.0%
  5.0%4.8%
  3.1%4.7%
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