ZIP 50616 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Charles City city, IA (50616)

Median Income

$63,226

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+540

Wealth inflow

Population

9,419

Unemployment

3.8%

0.1pp above US avg

IRS migration statistics show a net inflow of about 540 for ZIP 50616 (Charles City city, IA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

3.8%+2% vs US avg

Self-Employed

2.4%-61% vs US avg

SNAP Benefits

10.2%-13% vs US avg

260

Establishments

4,168

Employees

~16 per establishment — small businesses dominate

Manufacturing

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining4.6%
Construction8.2%
Manufacturing24.8%
Wholesale trade2.1%
Retail trade9.2%
Transportation, utilities1.9%
Information1.3%
Finance, insurance, real estate5.6%
Professional, scientific, management4.7%
Education, health care, social18.7%
Arts, entertainment, food services10.1%
Other services5.9%
Public administration2.9%

Household Income

Historical Trends in 50616 (2020–Present)

Since 2020, population declined 6.1%, median income rose 18.0% (inflation-adjusted), home values increased 5.2%.

Median Income

$63,226

-16% vs US avg

Unemployment Rate