Zip 52333 (Solon, IA) Economy


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52333 Solon, IA is a great place to call home. The average two bedroom rent here is around $950 which is significantly lower than the national average of $1,430. Living expenses are also relatively low due to the grocery cost index being 102 (in comparison to 100 nationally). There are many exciting companies, businesses and parks in this area that make it an ideal location for families or professionals. Some local companies include Tempo Industries and TruLink Manufacturing. Businesses such as Dave's Trading Post and The Iowa Machine Shed are popular amongst locals. Additionally, there are numerous parks in the area where people can go to relax and enjoy nature including Solon Recreation Park and Gwynne Conservation Area.

Solon (zip 52333) has an unemployment rate of 3.7%. The US average is 6.0%.

Solon (zip 52333) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.

Tax Rates for Solon (zip 52333)
- The Sales Tax Rate for Solon (zip 52333) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Solon (zip 52333) 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 Solon (zip 52333)
- The average income of a Solon (zip 52333) resident is $37,454 a year. The US average is $28,555 a year.
- The Median household income of a Solon (zip 52333) resident is $105,160 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySolon, IowaUnited States
  3.76
  -6.9%-6.2%
  32.2%33.5%
  6.0%6.2%
  7.5%4.6%
  $44,562$37,638
  $105,160$69,021
  $125,541$85,028
  Population by Occupation
  1.9%1.2%
  0.0%0.5%
  4.9%6.8%
  12.6%10.0%
  4.0%2.5%
  8.7%11.0%
  3.6%4.8%
  0.8%0.8%
  1.0%1.9%
  6.0%4.7%
  1.9%1.9%
  6.5%7.6%
  0.0%0.1%
  1.7%4.2%
  13.4%9.3%
  16.2%14.0%
  3.9%2.1%
  4.5%7.0%
  5.0%4.8%
  3.4%4.7%
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