Coggon, IA Economy


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Coggon, IA is a small town with a population of around 800 people. It is located in Linn County and is known for its vibrant community atmosphere. Living in Coggon provides many advantages such as affordable rent; two-bedroom apartments typically cost $800 compared to the US average of $1,430. Grocery costs are also considerably lower than the national average at 96 versus 100.
The town of Coggon has local businesses including Volzke Electric Motor Service Inc., Coggon Auto Body & Repair, and Coggon Veterinary Clinic. These stores provide goods and services to locals while keeping money within the town's economy. Additionally, Coggon offers an array of outdoor recreational activities such as fishing, camping, hiking, and more. Living in this small yet tight-knit community can be extremely rewarding for anyone looking to settle down in a quieter place or raise a family.

Coggon has an unemployment rate of 5.3%. The US average is 6.0%.

Coggon has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.

Tax Rates for Coggon
- The Sales Tax Rate for Coggon is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Coggon 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 Coggon
- The average income of a Coggon resident is $24,594 a year. The US average is $28,555 a year.
- The Median household income of a Coggon resident is $77,308 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCoggon, IowaUnited States
  5.36
  -7.6%-6.2%
  25.9%33.5%
  7.0%6.2%
  7.4%4.6%
  $35,916$37,638
  $77,308$69,021
  $89,833$85,028
  Population by Occupation
  2.9%1.2%
  0.0%0.5%
  6.0%6.8%
  19.7%10.0%
  2.0%2.5%
  6.6%11.0%
  11.7%4.8%
  2.9%0.8%
  0.9%1.9%
  11.3%4.7%
  0.0%1.9%
  5.8%7.6%
  0.0%0.1%
  2.9%4.2%
  8.6%9.3%
  9.7%14.0%
  0.0%2.1%
  3.1%7.0%
  3.8%4.8%
  2.2%4.7%
Reviews for Coggon
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Over 13 years ago

very quiet community where many people are driving to cedar rapids for work. The water is exceptional as coming from very deep and clean well, utilities are reasonable  More

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