51450 Lake View, IA is a great place to live for those looking to save on rent. The two bedroom rental rate here is $770, which is much lower than the US average of $1430. Grocery shopping here is also affordable, with the cost index being 96 compared to 100 in the US. This small town offers many amenities and services. Local companies like Express Mart, Valley Store, and Lake View Auto provide groceries, hardware, fuel, and car repair services in the area. There are also restaurants like El Ranchero Mexican Restaurant and Sal's Pizza & Subs for dining out options, as well as VF Outlet for local shopping. Aside from these businesses, there are also plenty of outdoor activities such as fishing at Lake View Park and walking trails at Abels Woods Nature Preserve.
Lake View (zip 51450) has an unemployment rate of 3.8%. The US average is 6.0%.
Lake View (zip 51450) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 16.9%, which is lower than the US average of 33.5%.
Tax Rates for Lake View (zip 51450)
- The Sales Tax Rate for Lake View (zip 51450) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lake View (zip 51450) 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 View (zip 51450)
- The average income of a Lake View (zip 51450) resident is $44,397 a year. The US average is $37,638 a year.
- The Median household income of a Lake View (zip 51450) resident is $70,375 a year. The US average is $69,021 a year.