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 -5.2% 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 $22,639 a year. The US average is $37,638 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
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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