Letts, IA Employment - Median Household Income, Unemployment Rate

Letts employment information

Index	Letts	Iowa	National
Income per capita	$21,204	$28,872	$29,829
Median household income	$55,625	$54,570	$55,322
Median income owner occupied	$53,750	$66,527	$70,586
Median income renter occupied	$0	$30,828	$35,192
Median earnings male	$35,893	$37,409	$36,919
Median earnings female	$22,386	$25,115	$26,250
Unemployment rate	2.0%	3.1%	4.7%
Poverty level	13.9%	12.3%	15.1%

The Letts, IA employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Letts is $21,204, which is 27% lower than than the Iowa average and 29% lower than than the national average. The median household income is $55,625, which is 2% higher than than the Iowa average and 1% higher than than the national average. The unemployment rate in Letts is 2%, which is 58% lower than than the national average. The poverty rate in Letts is 14% which is 8% lower than than the national average.

am i middle class

$37,079$55,625$111,250

City

$36,376$54,570$109,140

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

The income per capita in Letts is 29% lower than the national average.
The median household income in Letts is 1% higher than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Letts is 58% lower than the national average.
The poverty level in Letts is 8% lower than the national average.

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Compare Letts, IA Employment To Other Cities

Employment status

Hours worked per week

Letts median earnings by income bracket

Letts employment by industry

Labour Type	Male	Female
Construction industry	21.8%	4.7%
Manufacturing sector	31.7%	12.9%
Financial & insurance services	0.0%	3.5%
Wholesale & retail services	2.0%	12.9%
Public administration	3.0%	3.5%
Transportation, warehousing & utilities	11.9%	4.7%
Education, health & social services	1.0%	48.2%
Other	28.7%	9.4%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Fruitland, IA	1,196	$75,417	36%
Lone Tree, IA	1,482	$61,382	11%
Columbus City, IA	447	$60,375	9%
Muscatine, IA	23,909	$50,059	10%
Columbus Junction, IA	2,214	$49,213	11%
Letts, IA	410	$55,625	1%

Cities with similar population

City, State	Population	Household Income	National Avg.
Miles, IA	410	$52,500	5%
Soudan, MN	410	$47,500	14%
Hanley Falls, MN	410	$56,625	2%
Kingsland, AR	410	$26,250	53%
Menlo, IA	410	$48,500	12%
Letts, IA	410	$55,625	1%

Source: The Letts, IA employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).