Brooklyn, IA Economy


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United States / Iowa / No Metro Area / Poweshiek County / Brooklyn / Zip Codes
Brooklyn, IA is a small town located in Iowa County, with a population of about 804 people. It is known for its close-knit community and its affordability. The two bedroom rent is incredibly low at $850 per month compared to the US average of $1,430, making it an ideal choice for those looking for an affordable place to call home. In addition to a low cost of living, Brooklyn also features a variety of local businesses including a grocery store, hardware store, and several restaurants. There are also ample amenities such as parks and recreation centers so that residents can enjoy the outdoors. With all these factors combined, Brooklyn is an excellent place to call home.

Brooklyn has an unemployment rate of 4.7%. The US average is 6.0%.

Brooklyn has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.

Tax Rates for Brooklyn
- The Sales Tax Rate for Brooklyn is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Brooklyn 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 Brooklyn
- The average income of a Brooklyn resident is $21,492 a year. The US average is $28,555 a year.
- The Median household income of a Brooklyn resident is $53,929 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBrooklyn, IowaUnited States
  4.76
  -9.3%-6.2%
  21.4%33.5%
  7.0%6.2%
  7.4%4.6%
  $26,590$37,638
  $53,929$69,021
  $73,393$85,028
  Population by Occupation
  4.9%1.2%
  0.0%0.5%
  13.1%6.8%
  19.5%10.0%
  3.4%2.5%
  13.8%11.0%
  5.0%4.8%
  1.5%0.8%
  0.2%1.9%
  5.6%4.7%
  0.0%1.9%
  1.8%7.6%
  0.0%0.1%
  2.6%4.2%
  7.0%9.3%
  11.5%14.0%
  0.5%2.1%
  4.7%7.0%
  3.3%4.8%
  1.4%4.7%
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