Doon, IA Economy


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United States / Iowa / No Metro Area / Lyon County / Doon / Zip Codes
Doon, IA is a small town located in northwest Iowa. It's population is relatively small, making it an ideal location for those looking for a quiet place to live. The average two-bedroom rent in Doon is $810, much cheaper than the national average of $1,430. Additionally, it has a lower Grocery Cost Index than the US average at 96 versus 100.
This small town is bustling with local businesses such as Doon Crossroads Bar & Grill, Triple J Farm & Greenhouse, and Vieux Carre Antique Mall. Other companies located in Doon include S'Klallam Bay Designs and B&B Lawn Care. With numerous businesses providing employment opportunities, this small town offers residents plenty of work options.

Doon has an unemployment rate of 2.7%. The US average is 6.0%.

Doon has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.

Tax Rates for Doon
- The Sales Tax Rate for Doon is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Doon 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 Doon
- The average income of a Doon resident is $22,624 a year. The US average is $28,555 a year.
- The Median household income of a Doon resident is $57,321 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDoon, IowaUnited States
  2.76
  -5.2%-6.2%
  24.1%33.5%
  7.0%6.2%
  7.4%4.6%
  $22,639$37,638
  $57,321$69,021
  $76,786$85,028
  Population by Occupation
  2.5%1.2%
  0.7%0.5%
  15.2%6.8%
  14.5%10.0%
  9.1%2.5%
  6.2%11.0%
  7.2%4.8%
  0.0%0.8%
  0.7%1.9%
  7.2%4.7%
  0.0%1.9%
  2.9%7.6%
  0.0%0.1%
  7.2%4.2%
  6.5%9.3%
  14.9%14.0%
  0.0%2.1%
  0.0%7.0%
  4.0%4.8%
  1.1%4.7%
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