Zip 52772 (Tipton, IA) Economy


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United States / Iowa / No Metro Area / Cedar County / Tipton / Tipton (zip 52772)
Tipton, IA (zip code 52772) is an inviting small town located in Cedar County. There are plenty of local businesses to shop at such as Ace Hardware, Tipton Family Foods, and The Main Drag. The cost of living is quite affordable with a two bedroom rent coming in at $800 compared to the US average of $1,430. Similarly, the grocery cost index for 52772 is 96 versus 100 for the US which makes it easier to afford groceries in this area. Tipton is an ideal place to live if you're looking for an affordable lifestyle without skimping on quality goods and services.

Tipton (zip 52772) has an unemployment rate of 4.1%. The US average is 6.0%.

Tipton (zip 52772) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Tipton (zip 52772)
- The Sales Tax Rate for Tipton (zip 52772) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Tipton (zip 52772) 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 Tipton (zip 52772)
- The average income of a Tipton (zip 52772) resident is $26,684 a year. The US average is $28,555 a year.
- The Median household income of a Tipton (zip 52772) resident is $80,025 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTipton, IowaUnited States
  4.16
  -7.1%-6.2%
  25.0%33.5%
  7.0%6.2%
  7.5%4.6%
  $33,864$37,638
  $80,025$69,021
  $87,740$85,028
  Population by Occupation
  9.5%1.2%
  0.7%0.5%
  8.2%6.8%
  13.8%10.0%
  3.0%2.5%
  11.6%11.0%
  2.8%4.8%
  1.4%0.8%
  1.0%1.9%
  3.2%4.7%
  0.0%1.9%
  3.5%7.6%
  0.0%0.1%
  1.6%4.2%
  10.9%9.3%
  17.2%14.0%
  2.6%2.1%
  2.1%7.0%
  3.3%4.8%
  3.8%4.7%
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