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Cedar Falls, IA

Full City Profile · Iowa · Black Hawk County County

3.8 /5.0
B+ Good
40,662 Population 1,381/sq mi density
$74,165 Median Income $41,639 per capita
$252,500 Home Value $257,507 Zillow
$1,177 Median Rent 34.7% income on rent
49°F Avg Temperature 260 sunny days/yr
122 Violent Crime/100K 1,923 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$74,165 median income, 2.2% unemployment
A+
Affordability
4.8 / 5.0
$252,500 home value, $1,177/mo rent
F
Safety
1.0 / 5.0
122 violent crimes/100K
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
2.2%
39% 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 Rate2.2%
Poverty Rate5.7%
Gini Coefficient0.464
Cost of Living Index87.8

Commute

Mean Commute14 minutes
Drive Alone75.0%
Public Transit0.1%
Work From Home11.0%

Businesses

Total Establishments3,947
Restaurants323
Healthcare388
Retail470
Manufacturing137

Tax

IRS Avg AGI$74,437
Avg Property Tax$5,315