Long Grove, IA Economy


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Long Grove, IA is a small but vibrant city located in Central Iowa. It is home to a variety of businesses and attractions including The Long Grove Historic Village, Cedar River Distillery, and Main Street Sweets & Treats. Residents enjoy the peaceful atmosphere and easy access to nearby cities such as Des Moines and Iowa City. Rent for a two bedroom apartment is quite affordable at $1,310 compared to the US average of $1,430. Grocery costs are also below average in Long Grove with an index score of 101 compared to the national score of 100. Overall, Long Grove is an excellent place to live with its low cost of living, local businesses, and recreational activities making it a great place for families or individuals looking for an affordable yet enjoyable lifestyle.

Long Grove has an unemployment rate of 5.4%. The US average is 6.0%.

Long Grove has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.

Tax Rates for Long Grove
- The Sales Tax Rate for Long Grove is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Long 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 Long Grove
- The average income of a Long Grove resident is $32,079 a year. The US average is $28,555 a year.
- The Median household income of a Long Grove resident is $109,545 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLong Grove, IowaUnited States
  5.46
  -7.8%-6.2%
  27.6%33.5%
  7.0%6.2%
  7.4%4.6%
  $44,442$37,638
  $109,545$69,021
  $118,594$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  11.4%6.8%
  15.2%10.0%
  1.0%2.5%
  9.6%11.0%
  1.0%4.8%
  1.5%0.8%
  4.6%1.9%
  6.2%4.7%
  2.7%1.9%
  6.7%7.6%
  0.0%0.1%
  1.5%4.2%
  13.5%9.3%
  10.0%14.0%
  0.6%2.1%
  3.1%7.0%
  6.4%4.8%
  4.2%4.7%
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