Zip 52653 (Wapello, IA) Economy


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United States / Iowa / No Metro Area / Louisa County / Wapello / Wapello (zip 52653)
52653 Wapello, IA is a small city located in Louisa County with an estimated population of 1,017. The average 2 bedroom rental rate for this area is $810 which is significantly lower than the national average of $1,430. Furthermore, the grocery cost index here is 94 versus 100 in the US., making it one of the most affordable places to live. Local companies here include the Dairy Queen Grill & Chill and Family Dollar Store. Dairy Queen specializes in frozen treats while Family Dollar offers everyday low prices on all products from home decor to groceries. There are also a few other local businesses such as Wapello Outdoors, Wapello Locker and Storage and Wapello A&W. All these companies offer services geared towards helping make life easier for those living in and around 52653 Wapello, IA.

Wapello (zip 52653) has an unemployment rate of 4.6%. The US average is 6.0%.

Wapello (zip 52653) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.

Tax Rates for Wapello (zip 52653)
- The Sales Tax Rate for Wapello (zip 52653) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wapello (zip 52653) 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 Wapello (zip 52653)
- The average income of a Wapello (zip 52653) resident is $31,288 a year. The US average is $37,638 a year.
- The Median household income of a Wapello (zip 52653) resident is $71,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWapello, IowaUnited States
  4.66
  -5.1%-6.2%
  28.2%33.5%
  7.0%6.2%
  7.5%4.6%
  $31,288$37,638
  $71,500$69,021
  $82,813$85,028
  Population by Occupation
  6.2%1.2%
  0.0%0.5%
  10.9%6.8%
  29.5%10.0%
  2.6%2.5%
  8.2%11.0%
  2.9%4.8%
  2.0%0.8%
  1.7%1.9%
  5.8%4.7%
  0.2%1.9%
  1.3%7.6%
  0.0%0.1%
  0.7%4.2%
  8.1%9.3%
  9.8%14.0%
  1.1%2.1%
  3.2%7.0%
  1.5%4.8%
  4.3%4.7%
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