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Economy, jobs and prices in Iowa City, Iowa: official figures

The median household income in Iowa City was $58,546 a year in the 2020-2024 American Community Survey (in 2024 dollars), 126th lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the Iowa median $75,059.

Median household income
$58,546
2020-2024
Unemployment rate (ACS)
4.6%
2020-2024
Mean travel time to work
17.3 min
2020-2024
Median gross rent (monthly)
$1,094
2020-2024
Median home value (owner-occupied)
$285,900
2020-2024
Homes occupied by their owners
47.2%
2020-2024
Households with a broadband subscription
86.1%
2020-2024

What is the per capita income in Iowa City?

Income per resident (per capita income) in Iowa City averaged $37,842 a year in 2020-2024, 329th lowest of 823 US cities of 50,000 or more (US: $44,673; Iowa: $40,877).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Iowa City?

Iowa City's Gini index of household income inequality was 0.526 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 37th most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Iowa City, Iowa?

4.6% of the civilian labor force in Iowa City was unemployed on average over 2020-2024 (2,099 people), 291st lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Iowa's 3.6%.

Source: U.S. Census Bureau · saved copy

What share of people in Iowa City are working?

68.4% of Iowa City's 66,343 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 249th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Iowa City have jobs?

43,145 residents of Iowa City held civilian jobs, 65.0% of those aged 16 and over (US: 59.7%), and 114 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Iowa City?

The largest industry group for working residents of Iowa City was education, health care and social assistance (43.3% of employed residents), followed by retail trade (13.1%) and arts, entertainment, recreation, accommodation and food services (11.8%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Iowa City work in manufacturing?

Manufacturing employed 6.1% of working residents of Iowa City, 176th lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 7.4% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Iowa City, Iowa?

Commuters in Iowa City took 17.3 minutes on average to get to work in 2020-2024, 50th shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 2.2% travelled an hour or more and 45.7% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Iowa City get to work?

12.2% of workers living in Iowa City worked from home in 2020-2024, 329th lowest of 823 US cities of 50,000 or more (US: 15.1%). 56.2% drove to work alone, 6.7% carpooled, 6.0% used public transport and 14.6% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Iowa City, Iowa?

The median gross rent (rent plus utilities) in Iowa City was $1,094 a month in 2020-2024, 134th lowest of 823 US cities of 50,000 or more (US: $1,413; Iowa: $972).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Iowa City?

Owner-occupied homes in Iowa City had a median value of $285,900 in 2020-2024 as estimated by their owners, 250th lowest of 823 US cities of 50,000 or more (US: $332,700; Iowa: $208,000).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Iowa City?

The median home value in Iowa City was 4.9 times the median household income, 377th highest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Iowa City, Iowa own their home?

47.2% of the 30,816 occupied homes in Iowa City were lived in by their owners in 2020-2024 and 16,271 were rented, 154th lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Iowa: 71.7%).

Source: U.S. Census Bureau · saved copy

What share of homes in Iowa City have broadband?

86.1% of households in Iowa City had a broadband internet subscription of some type in 2020-2024, 48th lowest of 823 US cities of 50,000 or more (US: 91.0%; Iowa: 88.9%).

Source: U.S. Census Bureau · saved copy

How many households in Iowa City have no internet?

3.7% of households in Iowa City (1,153) had no internet access at home in 2020-2024, 285th lowest of 823 US cities of 50,000 or more (US: 6.5%); 6.6% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Iowa City compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Iowa City ranks 698 of 823, highest first.

RankCityMedian household income (2024 dollars)
695Wilmington$58,671
696New Britain$58,613
697Cleveland$58,559
698Iowa City$58,546
699Troy$58,477
700Fayetteville$58,407
701Schenectady$58,399
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Iowa City ranks 495 of 823, highest first.

RankCityPer capita income (2024 dollars)
492Des Moines$37,863
493Columbus$37,860
494Albany$37,843
495Iowa City$37,842
496Kannapolis$37,838
497Port St. Lucie$37,828
498Moore$37,779
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Iowa City ranks 37 of 823, highest first.

RankCityGini index of household income inequality
34New Haven0.527
35Davis0.527
36Los Angeles0.526
37Iowa City0.526
38Little Rock0.526
39Dallas0.526
40Trenton0.525
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Iowa City ranks 533 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
530San Marcos4.6%
531Pinellas Park4.6%
532Petaluma4.6%
533Iowa City4.6%
534Kirkland4.6%
535Charlotte4.6%
536Shoreline4.6%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Iowa City ranks 249 of 823, highest first.

RankCityLabor force participation rate (16 and over)
246Colorado Springs68.4%
247Moore68.4%
248Cedar Rapids68.4%
249Iowa City68.4%
250Richmond68.3%
251Grand Island68.3%
252DeSoto68.3%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Iowa City ranks 774 of 823, highest first.

RankCityMean travel time to work (minutes)
771College Station17.4
772Manhattan17.3
773Santa Barbara17.3
774Iowa City17.3
775Duluth17.3
776St. George17.2
777Owensboro17.1
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Iowa City ranks 495 of 823, highest first.

RankCityWorkers who worked from home
492Independence12.3%
493College Station12.2%
494Methuen12.2%
495Iowa City12.2%
496Berwyn12.2%
497Lexington12.2%
498Galveston12.2%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Iowa City ranks 74 of 823, highest first.

RankCityWorkers commuting by public transportation
71Los Angeles6.1%
72Concord6.1%
73Portland6.1%
74Iowa City6.0%
75Davis5.9%
76Pleasanton5.8%
77Atlanta5.7%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Iowa City ranks 648 of 823, highest first.

RankCityEmployed residents working in manufacturing
645Colorado Springs6.1%
646Boulder6.1%
647Wilmington6.1%
648Iowa City6.1%
649Virginia Beach6.1%
650Walnut Creek6.1%
651Edmond6.1%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Iowa City ranks 3 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
1Rochester50.0%
2Ann Arbor46.7%
3Iowa City43.3%
4Stillwater43.1%
5Champaign42.3%
6New Haven41.3%
7Cambridge40.9%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Iowa City ranks 690 of 823, highest first.

RankCityMedian gross rent per month
687Lafayette$1,100
688Auburn$1,098
689Columbia$1,097
690Iowa City$1,094
691Amarillo$1,092
692Lawrence$1,091
693Midwest City$1,091
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Iowa City ranks 574 of 823, highest first.

RankCityMedian value of owner-occupied homes
571Tamarac$288,600
572Daytona Beach$287,700
573New Haven$287,100
574Iowa City$285,900
575Porterville$285,700
576Deltona$285,400
577Columbia$284,600
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Iowa City ranks 374 of 820, highest first.

RankCityMedian home value as a multiple of median household income
371Hartford4.9x
372Ogden4.9x
373Hillsboro4.9x
374Iowa City4.9x
375Raleigh4.9x
376Clovis4.9x
377South Jordan4.9x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Iowa City ranks 670 of 823, highest first.

RankCityOccupied homes lived in by their owners
667San Diego47.3%
668Waterbury47.2%
669Boulder47.2%
670Iowa City47.2%
671Marietta47.2%
672Missoula47.0%
673Salinas47.0%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Iowa City ranks 776 of 823, highest first.

RankCityHouseholds with a broadband subscription
773Compton86.3%
774Richmond86.2%
775Schenectady86.1%
776Iowa City86.1%
777Brownsville86.1%
778Pontiac86.0%
779Gulfport86.0%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Iowa City ranks 539 of 823, highest first.

RankCityHouseholds with no internet access
536Layton3.8%
537Moore3.8%
538Garland3.7%
539Iowa City3.7%
540Oak Park3.7%
541Union City3.7%
542Beaumont3.7%
Source: U.S. Census Bureau · saved copy

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Sources

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