Massachusetts Institute of Technology, Arts, Design, Entertainment, Sports, & Media, Building & Grounds Cleaning & Maintenance. County Employment and Wages in Iowa Second Quarter 2022 : Midwest From 2014 to 2022, the indicator declined 0.124%. Workers in the Iowa City, IA Metropolitan Statistical Area had an average (mean) hourly wage of $27.39 in May 2022, 8 percent below the nationwide average of $29.76, the U.S. Bureau of Labor Statistics reported today. That meant a filer could use it to reduce the tax they owe to zero, and then receive a refund from the IRS for any credit remaining. (3) Ranking does not include data for Puerto Rico or the Virgin Islands. New income tax cuts: A recipe for disaster and inequity, A Heist in Plain Sight: Wage Theft in Iowa, Jobless benefit changes sacrifice workers for corporate profits, Workers' Comp: Giving Workers the Cold Shoulder, The Cost of Living in Iowa 2022 | Narrative, The Cost of Living in Iowa 2022 | Policy agenda, The Cost of Living in Iowa 2022 | Interactive data, The Cost of Living in Iowa 2022 | Appendix, Act now: Tell your Representative NO on SF 494, Act now: Tell your lawmaker NO on vouchers, Act now: Tell your lawmaker: No on open enrollment expansion. To use individual functions (e.g., mark statistics as favourites, set full-time (2080 hours per year). The average median household income for cities on this list was around $80,000/year, with Clive having the highest earners statewide. The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting. Iowa Median Household Income in the Past 12 Months (ACS 5-Year State Data - USDA Income in the United States of America Topics Household Personal Affluence Social class Income inequality gender pay gap racial pay gap Lists by income United States portal v t e This is a list of U.S. states, territories and the District of Columbia by income. Thus, wages may vary among counties, metropolitan areas, or states for reasons other than changes in the average wage level. statistic alerts) please log in with your personal account. About the Home Energy Rebates. The student population of Iowa in 2021 is skewed towards women, with 184,844 male students and 224,458 female students. The following chart shows the 7 races represented in Iowa as a share of the total population. Black workers in the Midwest face specific challenges with roots in a loss of (primarily union) manufacturing jobs. Current Iowa Wage Reportdata can be viewed and explored in the Tableau visualization below. The chart shows the total annual payroll and the average annual payroll by industry. The Census Bureau has changed the methodology for computing median income over time. . In computing per capita personal income, BEA uses the Census Bureau's annual midyear population estimates. The family pays for rent and utilities at the 40th percentile level for a house of appropriate size in each county based on the HUD Fair Market Rent. (See chart 3.). By race, the largest number of students enrolled was concentrated in White with 287,368 records, of which 56.3% were women and 43.7% men. In 2021, universities in Iowa awarded 55,067 degrees. With the upper buttons you can see the yearly change and add a filter by race. Per capita . Per Capita Income: $34,817. Iowa Policy Project. The state minimum wage is the same for all individuals, regardless of how many dependents In 2020, Iowa had a population of 3.15M people with a median age of 38.3 and a median household income of $61,836. Specifically, these adjustments account for administrative (noneconomic) changes such as a correction to a previously reported location or industry classification. Iowa State Household Income | Department of Numbers State Iowa is currently represented by 4 members in the U.S. house, and members of the House of Representives are elected to 2-year terms. Explore, map, compare, and download U.S. data, The 3 PUMAS with the highest resident population. The average car ownership in Iowa was 2 cars per household. In, BEA. Property taxes are included in rent; sales taxes in spending. Employment change between February 2022 and February 2023, The industries with the most establishments, Educational Services, Health Care & Social Assistance, Finance & Insurance, and Real Estate, Rental & Leasing, Professional, Scientific & Management, and Administrative & Waste Management Services, The industries with the highest total annual payroll. View future changes in the minimum wage in your location by visiting Minimum Wage Values in Iowa budget; share higher among those led by singles Currently, adjusted data are available only from BLS press releases. The tables and charts can be customized by applying the various filters located within the visualization. dollars)." The wage estimates are updated annually using the Employment Cost Index to make the wages more current. US Census Bureau. This is an increase from the previous year, when the median household income in the state was 68,816 U.S.. Average American Income | 25 U.S. Salary Statistics [2023] People in Iowa have an average commute time of 19.5 minutes, and they drove alone to work. Personal income is the income that is received by persons from all sources. PDF LIHC Income & Rents Limits - WHEDA The AGI limit is $150,000 for all other filers. In 2021 there were 409,302 students enrolled in Iowa, 45.2% men and 54.8% women. U.S. Census Bureau QuickFacts: Iowa City city, Iowa The fact that so many working households cant meet even an exceptionally frugal household budget is a function of our highly unequal economic system. Employment and wage levels (but not over-the-year changes) are also available for the 95 counties in Iowa with employment below 75,000. To calculate the share of families with income below self-sufficiency we must rely on American Community Survey data by Public Use Microdata Area (PUMA). The median wage in Iowa grew from $17.84 in May 2018 (the figure used in the previous Cost of Living Report) to $19.19 in May 2020, an increase of 7.5 percent (see Figure 3 for self-sufficiency wages relative to the Iowa median and minimum wages). Employment rose in the four largest counties in Iowa from June 2021 to June 2022, the U.S. Bureau of Labor Statistics reported today. For additional information about quarterly employment and wages data, please read the Technical Note or visit www.bls.gov/cew. The Iowa Wage Report is a product of Iowa Workforce Development that has been developed using data from the Bureau of Labor Statistics Occupational Employment and Wage Statistics(OEWS)program. information you provide is encrypted and transmitted securely. one of the coming year (National Conference of State Legislatures, 2019). Average annual salary was $45,065 and median salary was $28,863. sake of comparison. The most common educational levels obtained by the working population of Iowa in 2020 were High School or Equivalent (734k), Some college (566k), and Bachelors Degree (451k). National employment increased 4.0 percent over the year, with 338 of the 355 largest U.S. counties reporting gains. Working full time, year-round does not guarantee an Iowa worker a middle-class standard of living. reflects a person's gross annual income. In 2020, the income inequality in Iowa was 0.438 according to the GINI calculation of the wage distribution. Also, your modified adjusted gross income (AGI) may not exceed $300,000 for married couples filing jointly or $225,000 for heads of households. An official website of the United States government Figure 8 Demands for a living wage that is fair to workers have resulted in numerous location-based changes to minimum wage levels. Estimate of Median Household Income for Iowa - TRADING ECONOMICS Get quick analyses with our professional research service. Mandarin, Cantonese) (11,330 households), and German (10,009 households). This is a 5.05% increase from the previous year ($7,806). Frequently requested statistics for: Iowa City city, Iowa Please note that new Connecticut county level geographies are not availabe within the map. Child care costs, calculated from county-level data from Iowa Child Care Resource and Referral, are for a 2-year-old, a 4-year-old and a child between 6 and 11 years. Iowans of color have been excluded from the economic prosperity that is generated by their contribution to the states economy. Compared to the US per capita income, Iowa per capita income is $2,617 lower. The most common non-English languages spoken as the primary langauge in households in Iowa are Spanish (121,749 households), Chinese (Incl. Home United States Iowa Every employed person on the world should know this website. In 2021 the most common race/ethnicity group awarded degrees at institutions was White students. State of Iowa employee salaries And once again, CCA, food assistance and LIHEAP disappear well before the family is self-sufficient. Download ExcelStatewideBalance of the State RegionsLocal Workforce Development AreasMetropolitan Statistical Areas. Lowest Median Income: Lowest Top 1% Income: Source on the 2022 Income Percentile by State Calculator. From 2014 to 2022, the indicator declined 0.124%. 2023 Common Good Iowa. Iowa is currently represented by 4 members in the U.S. house. It includes no streaming services, no quick stops for takeout after a busy day, no piano lessons or youth sports fees. This service is provided for the sole purpose of showing the applicable Area Median Income (AMI) for each applicable census tract. The federal poverty level for this family of two is $17,420. Income Data Tables // Census.gov / Income and Poverty / Income / Data / Tables Within Data Data Tools Datasets Tables Income Data Tables The tables below provide income statistics displayed in tables with columns and rows. statistic alerts) please log in with your personal account. Over-the-year percent change in covered average weekly wages among the largest counties in Iowa, second quarter 2022, Average weekly wages in Iowas smaller counties, Additional statistics and other information, Improved Usability of QCEW State and Local Government Employment and Wages, Table 1. In 2021 in Iowa, the percentage of applicants admitted was 74.8%, while the percentage of admitted who enrolled was 22.2%. the current location. Accessed July 29, 2023. https://www.statista.com/statistics/205823/median-household-income-in-iowa/, US Census Bureau. Salaries in Iowa vary drastically between different careers. Use the dropdown to filter by race/ethnicity. https:// ensures that you are connecting to the official website and that any Median Household Income in Iowa by Age of Householder Highest salary at Iowa State University in year 2022 was $2,950,500. EV Tax Credits: All The 2023, 2024 Cars And Trucks That Get $7,500 Dallas County ($1,273) reported the highest average weekly wage in the state and Decatur County ($753) reported the lowest. The data on this page is from the 2021 American Community Survey (ACS) 5-Year survey from the US Census Bureau. The law includes $391 billion to support clean energy and address climate change, including $8.8 billion in rebates for home energy efficiency and electrification projects. Median Property . The resident population of United States in 2020 was 3,150,011 inhabitants, with 49.6% men, and 50.4% women. The poverty rate reflects a person's gross annual income. Saratoga, NY, had the largest percentage wage increase (+16.3 percent). He holds a Ph.D. in economics from the University of Wisconsin-Madison.