Cedar Falls, IA
Full City Profile · Iowa · Black Hawk County County
4.7
/5.0
A+
Excellent
40,662
Population
1,381/sq mi density
$74,165
Median Income
$41,639 per capita
$252,500
Home Value
$269,111 Zillow
$1,177
Median Rent
34.7% income on rent
49°F
Avg Temperature
A+
Overall
4.7 / 5.0
Strong
A
Economy
4.3 / 5.0
$74,165 median income, 3.2% unemployment
A+
Affordability
4.8 / 5.0
$252,500 home value, $1,177/mo rent
A+
Education
4.9 / 5.0
49.2% bachelor's degree or higher
Income Overview
Median Household Income
$74,165
1% below
US avg: $75,149
Per Capita Income
$41,639
7% above
US avg: $39,052
Unemployment Rate
3.2%
11% below
US avg: 3.6%
Poverty Rate
5.7%
54% below
US avg: 12.4%
Income Comparison: Cedar Falls vs. U.S. Average
Each bar shows Cedar Falls’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$74,165
99%
Per Capita
US: $39,052
$41,639
107%
IRS Avg AGI
US: $72,000
$74,437
103%
Avg Weekly Wage
US: $1,432
$1,147
80%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,147
20% below US avg ($1,432)
Mean Commute Time
14 min
50% below US avg (28 min)
Work From Home
11.0%
28% below US avg (15.2%)
Drive Alone
75.0%
2% above US avg (73.2%)
Public Transit
0.1%
98% below US avg (5.0%)
County GDP
$10,039M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
75%
Public Transit
0.1%
Work From Home
11%
Other
13.9%
Average commute time
14 minutes
US avg: 28 min
Business Landscape
Total Establishments
3,947
Restaurants
323
Healthcare
388
Retail
470
Manufacturing
137
Tax & Financial
IRS Avg Adjusted Gross Income
$74,437
3% above US avg ($72,000)
Avg Property Tax
$5,315
52% above US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $74,165 |
| Per Capita Income | $41,639 |
| IRS Avg Adjusted Gross Income | $74,437 |
| Avg Weekly Wage | $1,147 |
| County GDP | $10,039M |
Hardship Indicators
| Unemployment Rate | 3.2% |
| Poverty Rate | 5.7% |
| Gini Coefficient | 0.464 |
| Cost of Living Index | 87.8 |
Commute
| Mean Commute | 14 minutes |
| Drive Alone | 75.0% |
| Public Transit | 0.1% |
| Work From Home | 11.0% |
Businesses
| Total Establishments | 3,947 |
| Restaurants | 323 |
| Healthcare | 388 |
| Retail | 470 |
| Manufacturing | 137 |
Tax
| IRS Avg AGI | $74,437 |
| Avg Property Tax | $5,315 |