Clear Lake, Iowa is a charming city located in Cerro Gordo County with a population of 4,742 in 2019. The average two-bedroom rent in Clear Lake is $810, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Clear Lake is 97 compared to the US average of 100, indicating that groceries are relatively cheaper in Clear Lake than other parts of the United States. Popular local businesses include Don's On Main Bar & Grill, which offers American cuisine and craft cocktails; Bayside Marina & Storage for all your boating needs; Bob's Cycle Supply for bike and scooter parts; and Buds Automotive Repair for vehicle repairs. With its affordable rent and groceries, Clear Lake proves to be an attractive place to live for those looking to settle down and enjoy rural living without breaking the bank.
Clear Lake (zip 50428) has an unemployment rate of 4.3%. The US average is 6.0%.
Clear Lake (zip 50428) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.
Tax Rates for Clear Lake (zip 50428)
- The Sales Tax Rate for Clear Lake (zip 50428) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Clear Lake (zip 50428) 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 Clear Lake (zip 50428)
- The average income of a Clear Lake (zip 50428) resident is $30,114 a year. The US average is $28,555 a year.
- The Median household income of a Clear Lake (zip 50428) resident is $62,792 a year. The US average is $69,021 a year.