West Okoboji, IA is a peaceful city situated in Dickinson County in the northwestern area of Iowa. This city boasts a low cost of living, as evidenced by the 2 bedroom rent being $960 as compared to the US average of $1,430 and the grocery cost index in West Okoboji being 98 versus 100 across the US. Businesses in West Okoboji are mainly concentrated around tourism since it’s located close to two major lakes: East and West Lake Okoboji. Popular companies located there include Arnold's Park Amusement Park, Owen's Gift Shop, and Doolittle's Dock Bar & Grill which all cater to tourists visiting the lake areas. Additionally, local businesses such as Subway and Walgreens also serve permanent residents of West Okoboji. According to The Balance (https://www.thebalance.com/west-okoboji-iowa-4168762), West Okoboji is an ideal place for those who appreciate scenic beauty and a serene lifestyle without compromising on luxury amenities or services.
West Okoboji has an unemployment rate of 4.9%. The US average is 6.0%.
West Okoboji has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for West Okoboji
- The Sales Tax Rate for West Okoboji is 7.0%. The US average is 7.3%.
- The Income Tax Rate for West Okoboji 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 West Okoboji
- The average income of a West Okoboji resident is $41,472 a year. The US average is $28,555 a year.
- The Median household income of a West Okoboji resident is $65,000 a year. The US average is $69,021 a year.