Iowa City, Iowa

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
74,878
Population
$54,879
Median Income
$256,600
Home Value
26.0
Median Age

Demographics

Iowa City has a population of 74,878 with a median age of 26.0. Here is the racial and ethnic breakdown of the population:

White
75.9%
Black
8.5%
Asian
7.9%
Hispanic
6.7%
Other
1.0%
Demographic Value
Total Population74,878
Median Age26.0
White75.9%
Black or African American8.5%
Asian7.9%
Hispanic or Latino6.7%
Other / Two or More Races1.0%

Income & Economy

The median household income in Iowa City is $54,879, which is 27.0% below the national median of $75,149. The per capita income is $34,820. The poverty rate is 26.7%.

$54,879
Median Household Income
$34,820
Per Capita Income
26.7%
Poverty Rate

Employment

The unemployment rate in Iowa City is 4.8%, compared to the national rate of 5.4%.

Education

In Iowa City, 96.8% of residents age 25+ have a high school diploma or higher, and 59.8% hold a bachelor's degree or higher (29.4% with a graduate or professional degree).

HS Diploma+
96.8%
Bachelor's+
59.8%
Graduate+
29.4%
Education Level % of Adults (25+)
High School Diploma or Higher96.8%
Bachelor's Degree or Higher59.8%
Graduate or Professional Degree29.4%

Housing

The median home value in Iowa City is $256,600, below the national median of $281,900. The median monthly rent is $1,077. The homeownership rate is 46.3%.

$256,600
Median Home Value
$1,077/mo
Median Rent
46.3%
Homeownership Rate
Housing Metric Value
Median Home Value$256,600
Median Monthly Rent$1,077
Homeownership Rate46.3%
Vacancy Rate8.7%

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Frequently Asked Questions

What is the population of Iowa City, Iowa?
The population of Iowa City, Iowa is 74,878 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Iowa City, Iowa?
The median household income in Iowa City, Iowa is $54,879. This is 27.0% below the national median of $75,149.
What is the median home value in Iowa City, Iowa?
The median home value in Iowa City, Iowa is $256,600. The median monthly rent is $1,077.
What percentage of people in Iowa City have a college degree?
In Iowa City, Iowa, 59.8% of adults age 25 and older hold a bachelor's degree or higher, and 96.8% have a high school diploma or higher.
Is Iowa City, Iowa an affordable place to live?
The home price-to-income ratio in Iowa City, Iowa is 4.7x (median home value $256,600 vs. median income $54,879), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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