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Zip 50853 (Massena, IA) Economy


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50853 Massena, IA is an ideal destination for those seeking to take advantage of a low-cost living environment. The average 2 bedroom rent in the area is just $790 per month, which is significantly lower than the US average of $1,430 per month. Additionally, grocery cost index of this area is 93 compared to the national average of 100. This makes it easier for people living in this area to buy daily necessities while keeping their overall expenses to a minimum.
The community is home to multiple local companies including Massena Electric & Plumbing, Massena Grain Co., and T&T Dairy Farmers Inc. These companies provide employment opportunities for those wishing to stay in the region and benefit from its low cost of living. With its ample job options, access to quality amenities, and more affordable housing costs, 50853 Massena, IA is an attractive place for individuals and families looking for a balance between an enjoyable lifestyle and fiscal responsibility.

Massena (zip 50853) has an unemployment rate of 4.1%. The US average is 6.0%.

Massena (zip 50853) has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 15.1%, which is lower than the US average of 33.5%.

Tax Rates for Massena (zip 50853)
- The Sales Tax Rate for Massena (zip 50853) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Massena (zip 50853) 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 Massena (zip 50853)
- The average income of a Massena (zip 50853) resident is $30,609 a year. The US average is $37,638 a year.
- The Median household income of a Massena (zip 50853) resident is $62,159 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMassena, 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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