Eagle Grove, IA Economy


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United States / Iowa / No Metro Area / Wright County / Eagle Grove / Zip Codes
Eagle Grove, IA is a small city located in Wright County, Iowa. It has a population of around 4,400 people and is known for its small-town atmosphere. The cost of living is relatively low in Eagle Grove, with the average two bedroom rent being $810 compared to $1,430 in the US on average. Furthermore, the grocery cost index in Eagle Grove is 93 versus 100 in the US.
Living in Eagle Grove would be appealing for those looking for a slower pace of life as well as those who are on a budget. There are several local businesses in Eagle Grove such as Anderson Implement Co., Baxter Auto Parts, and K & W Grocery Stores. Additionally, there are several parks and recreational facilities that provide residents with plenty of outdoor activities to enjoy. All these factors make Eagle Grove an attractive place to live for people looking to escape the hustle and bustle of city life while still having access to essential amenities nearby.

Eagle Grove has an unemployment rate of 3.9%. The US average is 6.0%.

Eagle Grove has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 13.3%, which is lower than the US average of 33.5%.

Tax Rates for Eagle Grove
- The Sales Tax Rate for Eagle Grove is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Eagle Grove 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 Eagle Grove
- The average income of a Eagle Grove resident is $24,462 a year. The US average is $28,555 a year.
- The Median household income of a Eagle Grove resident is $55,170 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEagle Grove, IowaUnited States
  3.96
  -2.6%-6.2%
  13.3%33.5%
  7.0%6.2%
  7.4%4.6%
  $28,910$37,638
  $55,170$69,021
  $65,188$85,028
  Population by Occupation
  8.5%1.2%
  0.7%0.5%
  3.1%6.8%
  14.4%10.0%
  2.8%2.5%
  16.5%11.0%
  5.7%4.8%
  0.0%0.8%
  2.9%1.9%
  4.6%4.7%
  0.0%1.9%
  3.6%7.6%
  0.0%0.1%
  6.1%4.2%
  8.8%9.3%
  12.3%14.0%
  0.0%2.1%
  3.9%7.0%
  2.4%4.8%
  3.8%4.7%
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