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Lenox: Economy & Jobs

Median household income in Lenox is $61,000 (1.1× below Taylor County median $67,740; 1.2× below Iowa median $75,059), with homes at a median value of $111,400. The surrounding county supports 1,187 jobs (avg $49,596).

Income & Affordability

Median household income $61,000 — below the Iowa median ($66,270). Poverty rate 11.3% (U.S. average ~12.5%). 33% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income1.8×
Affordability · Home Affordabilityaffordable
Affordability · Rent Pct Income14.9%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened33.3%
Affordability · Poverty Rate11.3%
Affordability · Property Tax Pct Income2.5%
Irs Income · IRS tax returns filed$1,700
Irs Income · Total Adjusted Gross Income (thousands)$101,816
Irs Income · Average AGI per return$59,892 (vs Iowa $84,771)
Irs Income · Year2022
Income Estimate$68,086
Median Household Income$61,000 (vs Iowa $66,270)
Poverty Rate11.3%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforceblue_collar
Economic Character · Top IndustryManufacturing
Economic Character · Income Levelmiddle-class
Economic Character · Median Income$61,000

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 0.8% — below the U.S. average of ~4%. 3% work from home (U.S. average ~15%).

Commuter Profile · Work From Home Pct2.7%
Commuter Profile · Primary Modedrove alone
Employment · Avg annual employment (county)1,187
Employment · Total annual wages (county)$58,866,066
Employment · Average annual pay$49,596
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment1,544,760
Unemployment Rate0.8% (vs Iowa 2.6%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms31
Agriculture · Land In Farms Acres248,630
Agriculture · Avg Farm Size Acres8,020.30
Agriculture · Top CommoditiesCrop Totals, Grain, Corn, Animal Totals, Cattle
Agriculture · Year2022
Business Patterns · Establishments (employer count)104
Business Patterns · Total Employees1,194
Business Patterns · Annual Payroll Thousands51,712
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Beauty Salons3
Local Businesses · Insurance Agencies4
Local Businesses · Full Service Restaurants3
Local Businesses · Fast Food3

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants3
Dining Scene · Fast Food3

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (2)

PCSB Bank
LENOX BRANCH · 210 N Main St · 50851
Iowa State Savings Bank
LENOX BRANCH · 200 N Main St · 50851

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (2)

Casey's General Store 2834
Convenience Store · 501 N Brooks St
Dollar General 20110
Other · 316 S Brooks St
Nearest Snap · NameCasey's General Store 2834
Nearest Snap · Total In Area2

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameADAMS COMMUNITY CHAMBER OF COMMERCE

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$31,284,865
Federal Spending · Per Capita8,446.24 (vs Iowa $7,013)
Federal Spending · Population3,704 people (vs Iowa 24,827)

Sources: USAspending API

Other

Pct Drove Alone77.1%
Pct Public Transit1.1%
Pct Walked2.7%
Retirement Score · Median age37.5 years (at Iowa median)
Retirement Score · Ss Household Pct34.8%
Retirement Score · Hospitals Nearby1
Retirement Score · Va AccessYes
Retirement Score · Factorsstrong SS base, hospital access, VA nearby
Retirement Score · Ratinggood

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12