Zip 51109 (Sioux City, IA) Economy


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Sioux City, IA, (Zip Code 51109) is a vibrant city located in the far northwest corner of the state, on the banks of the Missouri River. With a population of 82,000, it is Iowa's fourth-largest city and offers numerous employment opportunities for residents. The cost of living is quite affordable with 2 bedroom rental costs coming in at $900 per month compared to the US average of $1430. Grocery costs are even more budget friendly with an index score of 93 compared to 100 in the US.
Employers in Sioux City range from large corporations such as Tyson Foods and Wells Enterprises Inc., to smaller companies such as Siouxland Community Health Center and Woodbury County Conservation Board. Technology companies such as 3M and HP have also recently opened offices here, providing additional job opportunities for residents. There are also many educational institutions including Morningside College, Briar Cliff University, Wayne State College and Western Iowa Tech Community College that offer further employment prospects.

Sioux City (zip 51109) has an unemployment rate of 4.7%. The US average is 6.0%.

Sioux City (zip 51109) 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 22.6%, which is lower than the US average of 33.5%.

Tax Rates for Sioux City (zip 51109)
- The Sales Tax Rate for Sioux City (zip 51109) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sioux City (zip 51109) 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 Sioux City (zip 51109)
- The average income of a Sioux City (zip 51109) resident is $29,920 a year. The US average is $37,638 a year.
- The Median household income of a Sioux City (zip 51109) resident is $61,786 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySioux City, 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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