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Iowa Falls, IA

Full City Profile · Iowa · Hardin County County

3.1 /5.0
B Good
5,062 Population 939/sq mi density
$53,051 Median Income $30,506 per capita
$106,300 Home Value $128,622 Zillow
$898 Median Rent 33.1% income on rent
47°F Avg Temperature 260 sunny days/yr
220 Violent Crime/100K 1,658 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$53,051 median income, 4.5% unemployment
A+
Affordability
5.0 / 5.0
$106,300 home value, $898/mo rent
F
Safety
1.0 / 5.0
220 violent crimes/100K
C+
Education
2.8 / 5.0
22.3% bachelor's degree or higher

Income Overview

Median Household Income
$53,051
29% below
US avg: $75,149
Per Capita Income
$30,506
22% below
US avg: $39,052
Unemployment Rate
4.5%
25% above
US avg: 3.6%
Poverty Rate
2.5%
80% below
US avg: 12.4%

Income Comparison: Iowa Falls vs. U.S. Average

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

Median Household
US: $75,149
$53,051
71%
Per Capita
US: $39,052
$30,506
78%
IRS Avg AGI
US: $72,000
$73,609
102%
Avg Weekly Wage
US: $1,432
$1,040
73%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,040
27% below US avg ($1,432)
Mean Commute Time
15 min
47% below US avg (28 min)
Work From Home
9.7%
36% below US avg (15.2%)
Drive Alone
74.9%
2% above US avg (73.2%)
Public Transit
1.8%
65% below US avg (5.0%)
County GDP
$1,142M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 74.9%
Public Transit 1.8%
Work From Home 9.7%
Other 13.6%
Average commute time
15 minutes
US avg: 28 min

Business Landscape

Total Establishments
650
Restaurants
33
Healthcare
53
Retail
64
Manufacturing
21

Tax & Financial

IRS Avg Adjusted Gross Income
$73,609
2% above US avg ($72,000)
Avg Property Tax
$4,023
15% 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$53,051
Per Capita Income$30,506
IRS Avg Adjusted Gross Income$73,609
Avg Weekly Wage$1,040
County GDP$1,142M

Hardship Indicators

Unemployment Rate4.5%
Poverty Rate2.5%
Gini Coefficient0.408
Cost of Living Index87.8

Commute

Mean Commute15 minutes
Drive Alone74.9%
Public Transit1.8%
Work From Home9.7%

Businesses

Total Establishments650
Restaurants33
Healthcare53
Retail64
Manufacturing21

Tax

IRS Avg AGI$73,609
Avg Property Tax$4,023