Zip 51050 (Remsen, IA) Economy


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Remsen, Iowa is a small town with a population of around 5,105. The median 2 bedroom rent in Remsen is $790 per month, which is significantly lower than the national average for two bedrooms of $1,430.The Grocery Cost Index in Remsen is 95 versus 100 in the US. This indicates that overall living expenses are slightly cheaper compared to the national average. In terms of local businesses, popular spots are Hometown Locker & Grocery Store, Niehaus Bar & Grill, and Nick's Filling Station -- all located within walking distance in downtown Remsen. Overall, this rural town offers an affordable cost of living with various amenities for residents to enjoy their day-to-day lives.

Remsen (zip 51050) has an unemployment rate of 3.1%. The US average is 6.0%.

Remsen (zip 51050) has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.

Tax Rates for Remsen (zip 51050)
- The Sales Tax Rate for Remsen (zip 51050) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Remsen (zip 51050) 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 Remsen (zip 51050)
- The average income of a Remsen (zip 51050) resident is $38,805 a year. The US average is $37,638 a year.
- The Median household income of a Remsen (zip 51050) resident is $90,982 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRemsen, IowaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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