All Countries
Promise City, IA
Full City Profile · Iowa · Wayne County County
2.7
/5.0
C+
Fair
86
Population
478/sq mi density
$41,406
Median Income
$27,769 per capita
$52,800
Home Value
$207,635 Zillow
50°F
Avg Temperature
275 sunny days/yr
295
Violent Crime/100K
4,144 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$41,406 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$52,800 home value, /mo rent
F
Safety
1.0 / 5.0
295 violent crimes/100K
D
Education
1.6 / 5.0
7.5% bachelor's degree or higher
Income Overview
Median Household Income
$41,406
45% below
US avg: $75,149
Per Capita Income
$27,769
29% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
17.4%
40% above
US avg: 12.4%
Income Comparison: Promise City vs. U.S. Average
Each bar shows Promise City’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$41,406
55%
Per Capita
US: $39,052
$27,769
71%
IRS Avg AGI
US: $72,000
$57,510
80%
Avg Weekly Wage
US: $1,432
$968
68%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$968
32% below US avg ($1,432)
Mean Commute Time
31 min
12% above US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
96.7%
32% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$316M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
96.7%
Public Transit
0%
Work From Home
0%
Other
3.3%
Average commute time
31 minutes
US avg: 28 min
Business Landscape
Total Establishments
185
Restaurants
8
Healthcare
11
Retail
22
Manufacturing
5
Tax & Financial
IRS Avg Adjusted Gross Income
$57,510
20% below US avg ($72,000)
Avg Property Tax
$3,250
7% 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 | $41,406 |
| Per Capita Income | $27,769 |
| IRS Avg Adjusted Gross Income | $57,510 |
| Avg Weekly Wage | $968 |
| County GDP | $316M |
Hardship Indicators
| Unemployment Rate | 0.0% |
| Poverty Rate | 17.4% |
| Gini Coefficient | 0.460 |
| Cost of Living Index | 87.8 |
Commute
| Mean Commute | 31 minutes |
| Drive Alone | 96.7% |
| Public Transit | 0.0% |
| Work From Home | 0.0% |
Businesses
| Total Establishments | 185 |
| Restaurants | 8 |
| Healthcare | 11 |
| Retail | 22 |
| Manufacturing | 5 |
Tax
| IRS Avg AGI | $57,510 |
| Avg Property Tax | $3,250 |