Zip 50672 (Steamboat Rock, IA) Economy


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United States / Iowa / No Metro Area / Hardin County / Steamboat Rock / Steamboat Rock (zip 50672)
Steamboat Rock, IA is a small town located in Hardin County. With a population of just 506 people and amenities like camping, fishing and swimming, it is an ideal location for those looking for peace and seclusion. The average two bedroom rent price is $790 per month which is significantly lower than the US average of $1,430. Additionally, grocery cost index in this area is 94 compared to 100 in the US which makes it quite affordable to live here. For employment opportunities there are several local companies providing jobs for residents including Mid-Iowa Coop, Iowa State University Extension & Outreach Hardin County office and The Bank of Iowa. There are also numerous options for entertainment with nearby restaurants and shops in the surrounding towns of Hubbard and Eldora.

Steamboat Rock (zip 50672) has an unemployment rate of 4.5%. The US average is 6.0%.

Steamboat Rock (zip 50672) has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 16.2%, which is lower than the US average of 33.5%.

Tax Rates for Steamboat Rock (zip 50672)
- The Sales Tax Rate for Steamboat Rock (zip 50672) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Steamboat Rock (zip 50672) 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 Steamboat Rock (zip 50672)
- The average income of a Steamboat Rock (zip 50672) resident is $31,327 a year. The US average is $28,555 a year.
- The Median household income of a Steamboat Rock (zip 50672) resident is $55,096 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySteamboat Rock, IowaUnited States
  4.56
  -6.7%-6.2%
  16.2%33.5%
  7.0%6.2%
  7.5%4.6%
  $29,301$37,638
  $55,096$69,021
  $67,212$85,028
  Population by Occupation
  8.0%1.2%
  1.7%0.5%
  12.2%6.8%
  7.6%10.0%
  6.7%2.5%
  20.2%11.0%
  0.8%4.8%
  0.0%0.8%
  1.3%1.9%
  0.8%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  1.7%9.3%
  17.6%14.0%
  0.8%2.1%
  7.6%7.0%
  5.0%4.8%
  8.0%4.7%
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