Iowa Falls, IA population, income and ZIP codes

Iowa Falls city is a mid-size town in Iowa, with 5,062 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #86 of 1,026 ranked by population — larger than 91% of them. The median age here is 39 years against 39.1 nationally, a slightly younger profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Iowa Falls city earn a median of $53,051 a year, 32.5% below the national figure of $78,538 and 22% below the $67,791 median for the 290 Iowa cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 7.6% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Iowa Falls city is valued at $106,300, 65% below the national figure and 32% below the $156,300 peer median, while median gross rent runs $898 a month, 36.1% below the national figure, or roughly $10,776 across a full year. A household on the local median income would put about 20.3% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 2×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 63.5% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.