The city of Lake Park, IA (ZIP code 51347) is a small town located in Dickinson County. The cost of living here is quite reasonable, with a two-bedroom rent estimated at $950 compared to the US average of $1,430. Additionally, grocery costs are below the US average index of 100, standing at 96 in Lake Park. This makes it an ideal location for those looking to save money while still enjoying quality amenities and services.
Local companies in Lake Park include BATA Bus Line – providing public transportation throughout Dickinson County; Synergy Group – managing hotels across Iowa; and Lake Park Lumber Company – offering full lumberyard services for area residences and businesses alike. With these and other businesses located nearby, there is no shortage of options for residents looking for employment or access to goods and services.
All things considered, Lake Park IA (51347) is a great place to call home for those seeking affordable living without sacrificing quality or convenience.
Lake Park (zip 51347) has an unemployment rate of 4.9%. The US average is 6.0%.
Lake Park (zip 51347) has seen the job market decrease by -6.3% 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 Lake Park (zip 51347)
- The Sales Tax Rate for Lake Park (zip 51347) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Park (zip 51347) 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 Lake Park (zip 51347)
- The average income of a Lake Park (zip 51347) resident is $36,540 a year. The US average is $37,638 a year.
- The Median household income of a Lake Park (zip 51347) resident is $70,809 a year. The US average is $69,021 a year.