Spirit Lake, IA Metro Area is a popular destination for those looking to find a good balance between their budget and quality of life. The 2 bedroom rent is much cheaper than the US average at just $950 per month. Grocery costs are also relatively lower with an index of 97 versus 100 in the US. Those living in the metro area can take advantage of all kinds of activities as well, such as fishing and boating on nearby West Okoboji Lake or golfing at Emerald Hills Golf Course. Additionally, there are various local businesses which offer employment opportunities and entertainment like Graingers Pub & Grub or Tom's Hometown Service gas station.
Spirit Lake Metro Area has an unemployment rate of 4.9%. The US average is 6.0%.
Spirit Lake Metro Area 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 Spirit Lake Metro Area
- The Sales Tax Rate for Spirit Lake Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Spirit Lake Metro Area 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 Spirit Lake Metro Area
- The average income of a Spirit Lake Metro Area resident is $32,869 a year. The US average is $28,555 a year.
- The Median household income of a Spirit Lake Metro Area resident is $65,215 a year. The US average is $69,021 a year.