Iowa Economic Overview

Key economic indicators for Iowa (IA). Population: 3,190,369.

Unemployment Rate

2.7%

Below national avg (~4.2%)

Median Annual Wage

$50,000

Source: Census ACS / BLS

Wage Growth (YoY)

+2.8%

Year-over-year change

Population

3.2M

Source: 2020 Census

About the Iowa Economy

Iowa has an unemployment rate of 2.7%, which is below the national average. The median annual wage is $50,000, with wages growing at 2.8% year-over-year. With a population of 3,190,369, Iowa is the a mid-size state economy in the U.S.