Iowa Falls, IA

Full City Profile · Iowa · Hardin County County

3.0 /5.0
B Good
5,062 Population 939/sq mi density
$53,051 Median Income $30,506 per capita
$106,300 Home Value $138,568 Zillow
$898 Median Rent 33.1% income on rent
47°F Avg Temperature
201 Violent Crime/100K 1,568 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$53,051 median income, 7.7% unemployment
A+
Affordability
5.0 / 5.0
$106,300 home value, $898/mo rent
F
Safety
1.0 / 5.0
201 violent crimes/100K
C+
Education
2.8 / 5.0
22.3% bachelor's degree or higher

Iowa Falls, IA

At a Glance

Median Income
$53,051
29% below
$30,506 per capita
Home Value
$106,300
62% below
Zillow: $138,568
Median Rent
$898/mo
23% below
33.1% of income on rent
Violent Crime
201/100K
47% below
1,568/100K property
Bachelor's Degree+
22.3%
34% below
94.7% high school+
Unemployment
7.7%
114% above
2.5% poverty rate
Obesity Rate
39.2%
22% above
16.5% smoking rate
Avg Temperature
47°F

How Iowa Falls Compares to the U.S. Average

Each bar shows Iowa Falls's value as a percentage of the national average (100% = U.S. avg)

Income
71%
Home Value
38%
Rent
77%
Poverty
20%
Bachelor's
66%
Unemployment
214%
Crime
53%
Thin vertical line = U.S. national average (100%)

Is Iowa Falls a Good Place to Live?

B
3.0 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Iowa Falls residents earn a median household income of $53,051 , which is 29% below the national average of $75,149. Per capita income is $30,506. The unemployment rate stands at 7.7% (114% above the U.S. rate of 3.6%). 2.5% of residents live below the poverty line. The area is home to 650 business establishments, including 33 restaurants.

Housing & Cost of Living

The median home value in Iowa Falls is $106,300 , 62% below the national median of $281,900. Zillow estimates the typical home at $138,568. Median rent is $898/month, with 33.1% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1955.

Safety & Crime

Iowa Falls reports 201 violent crimes per 100,000 residents , which is 47% below the national average of 380/100K. Property crime is 1,568/100K.

Education

22.3% of adults in Iowa Falls hold a bachelor's degree or higher (34% below the national average). 94.7% have completed high school. Local schools score 5.7/10 in standardized testing.

Climate & Weather

Iowa Falls has an average annual temperature of 47°F (8°C). Winters average 17°F in January while summers reach 73°F in July. Annual precipitation totals 38.1 inches.

Data Overview

People

Population5,062
Median Age39.0 yrs
Density939/mi²
Male / Female50% / 50%
Foreign Born3.3%
Veterans6.4%

Economy

B
Median Income$53,051
Per Capita$30,506
Unemployment7.7%
Poverty2.5%
County GDP$1,142M
Avg Weekly Wage$1,040

Housing

A+
Home Value$106,300
Rent$898
Ownership63.5%
Zillow$138,568
Housing Units2,476
Rent Burden33.1%

Crime

F
Violent201/100K
Property1,568/100K

Health

Obesity39.2%
Diabetes9.8%
Smoking16.5%
Heart Disease5.5%
Premature Death7,029/100K

Climate

Avg Temp47°F
Rain38.1 in/yr
Elevation1,099 ft

Education

C+
Bachelor's+22.3%
High School+94.7%
Graduate+8.0%
School Score5.7/10

Community

2024 VoteR 69% / D 30%
Commute15 min
Broadband79.5%
Internet Speed67 Mbps
EV Stations1
Libraries8

Did You Know?

The median home in Iowa Falls was built in 1955.
The nearest airport is Waterloo Regional (44 miles).
The Gini coefficient (income inequality) is 0.408 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
17.3% of the population has a disability.
The county recorded 4 fatal vehicle crashes.