Crystal Lake, IA is an affordable place to live with the average 2 bedroom rent being $700 compared to the US average of $1,430 with grocery costs lower than the US index of 100 at 91. When it comes to employment opportunities and local businesses, Crystal Lake has a variety of options from retail stores like Walmart and Target to industrial companies such as Flexsteel Industries and JBS Swift & Company. With its low cost of living and a range of career possibilities, Crystal Lake has become a popular destination for those looking for an affordable place to call home.
Crystal Lake has an unemployment rate of 3.8%. The US average is 6.0%.
Crystal Lake has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 19.7%, which is lower than the US average of 33.5%.
Tax Rates for Crystal Lake
- The Sales Tax Rate for Crystal Lake is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Crystal 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 Crystal Lake
- The average income of a Crystal Lake resident is $26,577 a year. The US average is $37,638 a year.
- The Median household income of a Crystal Lake resident is $75,500 a year. The US average is $69,021 a year.