Everything You Need to Know About the City of Iowa City Iowa
In 2017, Iowa City, IA had a population of 73.4k people with a median age of 25.8 and a median household income of $45,991. Between 2016 and 2017 the population of Iowa City, IA grew from 72,385 to 73,415, a 1.42% increase and its median household income grew from $42,720 to $45,991, a 7.66% increase.
The number of inhabitants in Iowa City, IA is 75.7% White Alone, 7.87% Asian Alone, and 7.26% Black or African American Alone. N/A% of the people in Iowa City, IA communicate in a non-English language, and 89.9% are U.S. residents.
The largest universities in Iowa City, Iowa are the University of Iowa (8,372 degrees awarded in 2017), La James International College-Iowa City (26 degrees), and The Salon Professional Academy (461731) (26 degrees).
The median property value in Iowa City, IA is $202,200, and the homeownership rate is 47.7%. Most people in Iowa City, IA commute by Drove Alone, and the average commute time is 16.3 minutes. The average vehicle possession in Iowa City, IA is 2 vehicles for each household.
In 2017, universities in Iowa City, IA awarded 8,424 degrees. The student population of Iowa City, IA is skewed towards women, with 15,294 male students and 16,935 female students.
Most students graduating from Universities in Iowa City, IA are White (5,777 and 78.6%), followed by Hispanic or Latino (493 and 6.71%), Unknown (354 and 4.82%), and Asian (308 and 4.19%).
The largest universities in Iowa City, IA by the number of degrees awarded are the University of Iowa (8,372 and 99.4%), La James International College-Iowa City (26 and 0.309%), and The Salon Professional Academy (461731) (26 and 0.309%).
The most popular majors in Iowa City, IA are Kinesiology & Exercise Science (477 and 5.66%), General Finance (389 and 4.62%), and General Psychology (304 and 3.61%).
The median tuition costs in Iowa City, IA are $N/A for private four-year colleges, and $7,486 and $29,130 respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Iowa City, IA employs 41.1k people and Iowa City has an unemployment rate of 1.9%. Iowa City has seen the job market increase by 1.2% over the last year. Future job development throughout the following ten years is anticipated to be 29.5%, which is lower than the US average of 33.5%. The biggest businesses in Iowa City, IA are Educational Services (10,300 people), Health Care and Social Assistance (8,095 people), and Accommodation & Food Services (4,734 people), and the highest paying industries are Utilities ($71,667), Public Administration ($59,965), and Real Estate & Rental & Leasing ($43,267).
Households in Iowa City, IA have a median annual income of $45,991, which is less than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $42,720 in 2016, which represents a 7.66% annual growth.
Tax Rates for Iowa City
– The Sales Tax Rate for Iowa City is 6.0%. The US average is 7.3%.
– The Income Tax Rate for Iowa City is 9.0%. The US average is 4.6%.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for Iowa City
– The average income of an Iowa City resident is $27,336 a year.
– The Median household income of an Iowa City resident is $42,119 a year.
