Zip 50255 (Thornburg, IA) Economy


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United States / Iowa / No Metro Area / Keokuk County / Thornburg / Thornburg (zip 50255)
\nThornburg, Iowa is a small town of just 50255 people. The average 2 Bedroom Rent here is $630, which is significantly less than the US average which stands at $1,430. This affordability extends to food shopping too with a Grocery Cost Index of 89 compared to 100 in the US. Local businesses range from small grocery stores such as Maynard's and McGuiness's Market, to family restaurants like Gee's Diner, Hansen Dairyland and Flannagan's Pub.

Thornburg (zip 50255) has an unemployment rate of 4.8%. The US average is 6.0%.

Thornburg (zip 50255) has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 16.1%, which is lower than the US average of 33.5%.

Tax Rates for Thornburg (zip 50255)
- The Sales Tax Rate for Thornburg (zip 50255) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Thornburg (zip 50255) is 9.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Thornburg (zip 50255)
- The average income of a Thornburg (zip 50255) resident is $22,654 a year. The US average is $28,555 a year.
- The Median household income of a Thornburg (zip 50255) resident is $38,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyThornburg, IowaUnited States
  4.86
  -4.5%-6.2%
  16.1%33.5%
  7.0%6.2%
  7.6%4.6%
  $28,151$37,638
  $38,750$69,021
  $49,500$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  29.0%10.0%
  6.5%2.5%
  16.1%11.0%
  6.5%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  3.2%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  16.1%14.0%
  0.0%2.1%
  22.6%7.0%
  0.0%4.8%
  0.0%4.7%
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