ZIP 50644 — 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 Independence city, IA (50644)

Median Income

$79,861

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+486

Wealth inflow

Population

8,475

Unemployment

1.3%

2.4pp below US avg

IRS migration statistics show a net inflow of about 486 for ZIP 50644 (Independence 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

1.3%-64% vs US avg

Self-Employed

4.6%-25% vs US avg

SNAP Benefits

7.5%-36% vs US avg

271

Establishments

4,040

Employees

~15 per establishment — small businesses dominate

Manufacturing

Top Industry

Economic Distributions

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

Occupation

Industry

Agriculture, forestry, mining4.5%
Construction6.5%
Manufacturing19.6%
Wholesale trade2.3%
Retail trade11.3%
Transportation, utilities4.8%
Information1.3%
Finance, insurance, real estate6.6%
Professional, scientific, management6.7%
Education, health care, social22.8%
Arts, entertainment, food services6.4%
Other services3.9%
Public administration3.2%

Household Income

Historical Trends in 50644 (2020–Present)

Since 2020, population declined 4.4%, median income rose 4.3% (inflation-adjusted), home values decreased 2.3%.

Median Income

$79,861

+6% vs US avg

Unemployment Rate