Tripoli, IA Economy


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Tripoli, IA is a pleasant rural town located in Bremer County. The town is known for its small-town charm and tight-knit community. It has a population of 1,631 according to the 2010 census and is located near Waverly and Fredericksburg. The average 2 bedroom rental cost in Tripoli is $770 per month, which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Tripoli is 93 compared to 100 nationally.
Businesses in Tripoli include Zink Ranch LLC., a livestock operation that provides hogs to local markets; H & H Implement Co., which sells parts and repairs agricultural equipment; as well as Sue's Salon & Tanning, an establishment specializing in hair styling and tanning services. Other local attractions in Tripoli include Gardner Park and Recreation Area, providing opportunities for swimming, camping, playing sports, fishing or boating; Cedar River Country Club Golf Course; and Wildwood Hills Ranch Adventure Camp offering fun activities such as archery range shooting and wildlife tracking.

Tripoli has an unemployment rate of 3.4%. The US average is 6.0%.

Tripoli has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.

Tax Rates for Tripoli
- The Sales Tax Rate for Tripoli is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Tripoli 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 Tripoli
- The average income of a Tripoli resident is $19,207 a year. The US average is $28,555 a year.
- The Median household income of a Tripoli resident is $66,154 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTripoli, IowaUnited States
  3.46
  -6.9%-6.2%
  23.5%33.5%
  7.0%6.2%
  7.4%4.6%
  $32,489$37,638
  $66,154$69,021
  $73,438$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.4%6.8%
  22.1%10.0%
  2.9%2.5%
  13.0%11.0%
  6.3%4.8%
  0.0%0.8%
  1.2%1.9%
  10.1%4.7%
  0.3%1.9%
  0.6%7.6%
  0.0%0.1%
  0.4%4.2%
  14.6%9.3%
  18.4%14.0%
  0.0%2.1%
  1.5%7.0%
  2.9%4.8%
  1.2%4.7%
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