Zip 50857 (Nodaway, IA) Economy


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United States / Iowa / No Metro Area / Adams County / Nodaway / Nodaway (zip 50857)
50857 Nodaway, IA is a small city located in the northwest corner of Iowa. The cost of living in this city is very reasonable with two bedroom rental costs at just $870 per month compared to the national average of $1,430. Grocery costs are also low with an index rating of 94 compared to 100 across the US. This makes it an affordable place for families and individuals who want to live on a budget.
Nodaway has many local businesses that help make up the community including the K&K Hardware Store, J&L Auto Repair, Brown's Diner, and Anderson Family Farms. K&K Hardware Store offers all types of hardware items for home repair projects while J&L Auto Repair provides quality auto repair services in the area. At Brown's Diner customers can enjoy traditional home-cooked meals while Anderson Family Farms is a local farm that produces fresh vegetables for purchase at local markets.

Nodaway (zip 50857) has an unemployment rate of 3.0%. The US average is 6.0%.

Nodaway (zip 50857) has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 11.0%, which is lower than the US average of 33.5%.

Tax Rates for Nodaway (zip 50857)
- The Sales Tax Rate for Nodaway (zip 50857) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Nodaway (zip 50857) 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 Nodaway (zip 50857)
- The average income of a Nodaway (zip 50857) resident is $35,336 a year. The US average is $37,638 a year.
- The Median household income of a Nodaway (zip 50857) resident is $64,318 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNodaway, IowaUnited States
  36
  -9.7%-6.2%
  11.0%33.5%
  7.0%6.2%
  7.5%4.6%
  $35,336$37,638
  $64,318$69,021
  $91,786$85,028
  Population by Occupation
  2.7%1.2%
  0.0%0.5%
  2.7%6.8%
  13.3%10.0%
  1.3%2.5%
  2.7%11.0%
  20.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  1.3%4.2%
  5.3%9.3%
  26.7%14.0%
  0.0%2.1%
  0.0%7.0%
  14.7%4.8%
  9.3%4.7%
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