Goose Lake, IA Economy


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Goose Lake, IA is a small town located in the heart of Iowa. It offers a peaceful and small-town atmosphere with plenty of outdoor activities to enjoy. In terms of housing costs, Goose Lake offers an affordable two-bedroom rental rate of $860 per month compared to the US average at $1,430. There are also plenty of amenities nearby including grocery stores, restaurants, and local businesses like Grocery Outlet, Main Street Station, and The Goose Lake Library. Additionally, the cost index for groceries in Goose Lake is 98 versus 100 in the US so residents can enjoy more affordable prices on food items.

Goose Lake has an unemployment rate of 5.5%. The US average is 6.0%.

Goose Lake has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 15.4%, which is lower than the US average of 33.5%.

Tax Rates for Goose Lake
- The Sales Tax Rate for Goose Lake is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Goose Lake is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Goose Lake
- The average income of a Goose Lake resident is $23,443 a year. The US average is $28,555 a year.
- The Median household income of a Goose Lake resident is $81,131 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGoose Lake, IowaUnited States
  5.56
  -7.7%-6.2%
  15.4%33.5%
  7.0%6.2%
  7.4%4.6%
  $24,022$37,638
  $81,131$69,021
  $95,313$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  4.5%6.8%
  9.7%10.0%
  0.0%2.5%
  2.2%11.0%
  17.2%4.8%
  0.0%0.8%
  0.0%1.9%
  6.0%4.7%
  23.1%1.9%
  0.7%7.6%
  0.0%0.1%
  1.5%4.2%
  10.4%9.3%
  15.7%14.0%
  0.0%2.1%
  0.0%7.0%
  3.0%4.8%
  5.2%4.7%
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