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Elma, IA

Full City Profile · Iowa · Howard County County

2.6 /5.0
C+ Fair
618 Population 502/sq mi density
$41,528 Median Income $22,565 per capita
$71,400 Home Value $209,483 Zillow
$668 Median Rent 40.2% income on rent
45°F Avg Temperature 246 sunny days/yr
140 Violent Crime/100K 644 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$41,528 median income, 1.2% unemployment
A+
Affordability
5.0 / 5.0
$71,400 home value, $668/mo rent
F
Safety
1.0 / 5.0
140 violent crimes/100K
D
Education
1.9 / 5.0
11.7% bachelor's degree or higher

Income Overview

Median Household Income
$41,528
45% below
US avg: $75,149
Per Capita Income
$22,565
42% below
US avg: $39,052
Unemployment Rate
1.2%
67% below
US avg: 3.6%
Poverty Rate
31.3%
152% above
US avg: 12.4%

Income Comparison: Elma vs. U.S. Average

Each bar shows Elma’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$41,528
55%
Per Capita
US: $39,052
$22,565
58%
IRS Avg AGI
US: $72,000
$65,702
91%
Avg Weekly Wage
US: $1,432
$927
65%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$927
35% below US avg ($1,432)
Mean Commute Time
25 min
9% below US avg (28 min)
Work From Home
5.5%
64% below US avg (15.2%)
Drive Alone
79.3%
8% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$727M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 79.3%
Public Transit 0%
Work From Home 5.5%
Other 15.2%
Average commute time
25 minutes
US avg: 28 min

Business Landscape

Total Establishments
341
Restaurants
17
Healthcare
22
Retail
49
Manufacturing
25

Tax & Financial

IRS Avg Adjusted Gross Income
$65,702
9% below US avg ($72,000)
Avg Property Tax
$2,607
26% below US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$41,528
Per Capita Income$22,565
IRS Avg Adjusted Gross Income$65,702
Avg Weekly Wage$927
County GDP$727M

Hardship Indicators

Unemployment Rate1.2%
Poverty Rate31.3%
Gini Coefficient0.419
Cost of Living Index87.8

Commute

Mean Commute25 minutes
Drive Alone79.3%
Public Transit0.0%
Work From Home5.5%

Businesses

Total Establishments341
Restaurants17
Healthcare22
Retail49
Manufacturing25

Tax

IRS Avg AGI$65,702
Avg Property Tax$2,607