Iowa · Census place 38640
Iowa Falls city, IA
Quick answer
Iowa Falls city has 5,062 residents, ranking #86 of 1026 places in Iowa. Median household income is $53,051, the median home is worth $106,300 and median gross rent runs $898 a month.
- Population
- 5,062Iowa Falls city residents
- Median household income
- $53,051Past 12 months, inflation adjusted
- Median home value
- $106,300Owner-occupied units
- Median gross rent
- $898Rent plus utilities, monthly
- Median age
- 39 yrsAll residents
- Homeownership rate
- 63.5%Owner-occupied households
What the numbers mean in Iowa Falls city
Housing cost measured against local earnings.
A household earning the Iowa Falls city median would spend about 20.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.6% of residents and 63.5% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Iowa.
- Manchester city 5,144
- Glenwood city 5,118
- Sergeant Bluff city 5,090
- Vinton city 4,948
- Shenandoah city 4,913
- Harlan city 4,896
- Humboldt city 4,761
Keep going
More Iowa coverage.