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Zip 50562 (Mallard, IA) Economy


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Mallard, Iowa (50562) is an ideal place for those looking to achieve a good balance between affordability and quality of life. The average two-bedroom rent in this city is $730, which is significantly lower than the national average of $1,430. This cost-savings makes it easier to achieve financial stability while also being able to enjoy the amenities Mallard has to offer. Groceries are also cheaper here compared to the national index rate; Mallard's grocery cost index stands at 91 while the US rate stands at 100.
The city of Mallard offers excellent employment opportunities due to its diverse local economy. Companies like New Fashion Pork, Hy-Vee Distribution Center, and Rivers Edge Renewable Energy provide numerous jobs for residents of all ages and skillsets. Additionally, many small businesses thrive in this area in sectors such as retail, leisure services and hospitality. All these factors contribute immensely towards making 50562 Zip Code an attractive option for prospective families and individuals alike.

Mallard (zip 50562) has an unemployment rate of 3.6%. The US average is 6.0%.

Mallard (zip 50562) has seen the job market decrease by -8.7% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.

Tax Rates for Mallard (zip 50562)
- The Sales Tax Rate for Mallard (zip 50562) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mallard (zip 50562) is 9.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for Mallard (zip 50562)
- The average income of a Mallard (zip 50562) resident is $48,034 a year. The US average is $37,638 a year.
- The Median household income of a Mallard (zip 50562) resident is $60,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMallard, IowaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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