Rake, IA, with a population of 50465, is an ideal place for those seeking an affordable living. The 2 bedroom rent in Rake is only $720 compared to the US average of $1,430. This cost savings is also seen in the grocery cost index of 88 versus 100 in the US. Living in Rake means having access to multiple local businesses such as North Iowa Plumbing and Excavating, Rake Auto Care Center and Dave's Family Pizza. These are just a few examples of the many companies that have made their home within this charming town.
Rake (zip 50465) has an unemployment rate of 4.1%. The US average is 6.0%.
Rake (zip 50465) has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.
Tax Rates for Rake (zip 50465)
- The Sales Tax Rate for Rake (zip 50465) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rake (zip 50465) is 9.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Rake (zip 50465)
- The average income of a Rake (zip 50465) resident is $24,118 a year. The US average is $37,638 a year.
- The Median household income of a Rake (zip 50465) resident is $50,625 a year. The US average is $69,021 a year.