Spirit Lake is a small town in Iowa with just under 5,000 residents. Middle-aged professionals will fit right in, as they account for an above-average percentage of the community, while young adults are less well-represented. Overall, the town's population, with an average age of just under 45, is older than most cities in Iowa. Renters tend to be in the minority in the town, and 67% of residents own their homes. With a relatively low average rent of $705 per month in the town, renting remains an affordable option, particularly compared to other cities in Iowa. Over the course of a year, renters in Spirit Lake will save around $1,300 compared to the state average.
Spirit Lake's average commute time ranks as one of the best in the state at about 13 minutes, 10th-fastest in the state. Driving a vehicle is the most common mode of getting to work, chosen by 50% of workers, while public transportation isn't used widely. A small percentage of residents commute to work on foot.
Spirit Lake residents have a wide range of industries from which to choose. The four most common are healthcare, manufacturing, construction, and retail. Combined, these industries make up 36% of the town's workforce. Meanwhile, in terms of job function, many of the town's residents work in transportation, making it the top field in the town. With an average annual income of almost $70K, Spirit Lake workers take home roughly the same as their peers elsewhere in the state. Spirit Lake's average income also is fairly average compared to the national level ($73,345). Spirit Lake has a large percentage of residents older than 25 who have completed some level of post-secondary education compared to the national average (19%), as 26% possess a Bachelor's or Associate's degree. Further, 6% have earned a Master's or Doctoral degree.
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