This data is based on ZIP codes 47964, 47978, which covers Mount Ayr and Rensselaer.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP codes 47964, 47978 area shared across these towns.
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Mount Ayr ZIP Area Economy · 2023
Wages +3% vs. avg. Newton Co. town
Mount Ayr's ZIP area supports 3,585 jobs across 313 businesses, with workers earning an average of $53K per year, 3% above the Newton County average. The economy is well-diversified (0.95 index), led by retail trade and professional services. 87.2% of businesses have fewer than 20 employees, and each business employs an average of 11.5 people. Jobs declined 6.2% from the prior year while business count grew 3%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. Newton Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
313 businesses by employee count. 87.2% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Medium (20-49)
Medium (50-99)
Large (100-249)
Economic Densityi
2.00+
jobs per resident
Capped: ZIP includes employers outside city limits
11.5
employees per business
County avg: 10.7+7%
$2.1M
payroll per resident
$602K
payroll per business
Mount Ayr ZIP Area vs. Avg. Newton Co. Towni
All Industries in ZIP Areai
| Sector | Mount Ayr ZIP | Avg. Newton Co. | Spec. |
|---|---|---|---|
| Retail Trade | 45 | 14 | 0.9x |
| Professional Services | 32 | 8 | 1.1x |
| Other Services | 32 | 9 | 1.0x |
| Food & Accommodation | 29 | 9 | 0.9x |
| Healthcare | 27 | 7 | 1.1x |
| Transportation | 24 | 6 | 1.1x |
| Wholesale Trade | 22 | 7 | 0.9x |
| Construction | 20 | 7 | 0.8x |
| Finance & Insurance | 19 | 5 | 1.0x |
| Manufacturing | 18 | 7 | 0.7x |
| Information | 9 | 2 | 1.2x |
| Real Estate | 8 | 2 | 1.1x |
| Admin Services | 8 | 2 | 1.1x |
| Arts & Entertainment | 6 | 1 | 1.6x |