Zip 51561 (Pacific Junction, IA) Economy


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51561 Pacific Junction, IA is a small town in Mills County with a population of just over 700 people. Its small size makes it an ideal place for those looking to escape the hustle and bustle of the big city. The 2 bedroom rent in 51561 Pacific Junction, IA is $1,020 compared to the US average of $1,430 making it an affordable option for those looking for housing. Another great thing about this city is that the Grocery Cost Index here is 96 versus 100 in the US so groceries are still relatively inexpensive when compared to other places.
The town has plenty of local businesses including the Riverview Trading Post which sells all sorts of unique gifts and souvenirs, The Carriage House Cafe which serves delicious home-cooked meals, and 51561 Auto Parts which offers great deals on car parts and repairs. It's a great place to live due to its affordable cost of living and access to local businesses.

Pacific Junction (zip 51561) has an unemployment rate of 3.5%. The US average is 6.0%.

Pacific Junction (zip 51561) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 28.9%, which is lower than the US average of 33.5%.

Tax Rates for Pacific Junction (zip 51561)
- The Sales Tax Rate for Pacific Junction (zip 51561) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Pacific Junction (zip 51561) 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 Pacific Junction (zip 51561)
- The average income of a Pacific Junction (zip 51561) resident is $24,160 a year. The US average is $28,555 a year.
- The Median household income of a Pacific Junction (zip 51561) resident is $69,276 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPacific Junction, IowaUnited States
  3.56
  -5.6%-6.2%
  28.9%33.5%
  7.0%6.2%
  7.5%4.6%
  $38,656$37,638
  $69,276$69,021
  $67,697$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.4%6.8%
  5.4%10.0%
  0.6%2.5%
  12.6%11.0%
  6.1%4.8%
  0.0%0.8%
  0.6%1.9%
  3.7%4.7%
  0.0%1.9%
  1.9%7.6%
  0.0%0.1%
  3.7%4.2%
  2.2%9.3%
  11.9%14.0%
  2.6%2.1%
  1.9%7.0%
  36.1%4.8%
  5.2%4.7%
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