Zip 50654 (Masonville, IA) Economy


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United States / Iowa / No Metro Area / Delaware County / Masonville / Masonville (zip 50654)
Masonville, IA is a small town located in Delaware County with a population of just over 500. The median two bedroom rent is significantly lower than the national average at $770, while the grocery cost index is 97 compared to 100 in the US. Despite its small size, Masonville has plenty to offer. The area is home to many local stores and businesses such as Pitzen Clothes, Parr Plumbing and Heating, and C&P Farm Supply. For recreational activities, Masonville has several parks including Carver Park which features 8 acres of open space for picnics and outdoor sports. Additionally there are several nearby lakes providing ample opportunities for swimming, fishing and boating. With its small-town charm and affordable living costs, Masonville makes an ideal place to live or visit!

Masonville (zip 50654) has an unemployment rate of 3.7%. The US average is 6.0%.

Masonville (zip 50654) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Masonville (zip 50654)
- The Sales Tax Rate for Masonville (zip 50654) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Masonville (zip 50654) 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 Masonville (zip 50654)
- The average income of a Masonville (zip 50654) resident is $27,550 a year. The US average is $28,555 a year.
- The Median household income of a Masonville (zip 50654) resident is $75,139 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMasonville, IowaUnited States
  3.76
  -4.6%-6.2%
  24.2%33.5%
  7.0%6.2%
  7.4%4.6%
  $38,487$37,638
  $75,139$69,021
  $125,595$85,028
  Population by Occupation
  28.4%1.2%
  0.0%0.5%
  9.2%6.8%
  17.0%10.0%
  0.0%2.5%
  0.9%11.0%
  14.0%4.8%
  0.4%0.8%
  0.0%1.9%
  14.0%4.7%
  0.0%1.9%
  4.4%7.6%
  0.0%0.1%
  1.3%4.2%
  1.3%9.3%
  4.4%14.0%
  0.0%2.1%
  4.4%7.0%
  0.4%4.8%
  0.0%4.7%
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