Iowa Falls

Population: 5,062
Median household income: $53,051
Median home value: $106,300

Iowa Falls, a community in Hardin County, Iowa, has 5,062 residents. The median household income of $53,051 is below the Hardin County median ($64,906).

From 2019 to 2023, Iowa Falls's population declined 1.2% from 5,122 to 5,062, while its median home value rose 20.5% from $88,200 to $106,300.

Owners occupy 63.5% of the area's occupied homes. The median resident is 39.0 years old.

Demographics

ACS 2019–2023

Population: 5,062
Median age: 39.0 yrs
Median household income: $53,051
Median home value: $106,300
Median gross rent: $898
Housing units: 2,386
Homeownership rate: 63.5%
Bachelor's degree or higher: 22.3%
Unemployment rate: 7.7%

Trends

ACS 5-year · 2019–2023

Population

5,1225,062

Median household income

$45,897$53,051

Median home value

$88,200$106,300

Median gross rent

$750$898

Year	Population	Median household income	Median home value	Median gross rent
2019	5,122	$45,897	$88,200	$750
2020	5,067	$45,331	$93,400	$817
2021	5,154	$45,896	$94,900	$826
2022	5,095	$50,035	$111,200	$877
2023	5,062	$53,051	$106,300	$898

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 54.9%

5 to 1714.2%

18 to 2410.6%

25 to 3413.8%

35 to 4412.0%

45 to 5410.5%

55 to 6410.9%

65 to 7410.6%

75 and over12.5%

	Count	Share
Under 5	246	4.9%
5 to 17	721	14.2%
18 to 24	537	10.6%
25 to 34	701	13.8%
35 to 44	607	12.0%
45 to 54	529	10.5%
55 to 64	553	10.9%
65 to 74	536	10.6%
75 and over	632	12.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	4,547	89.8%
Black or African American	67	1.3%
American Indian & Alaska Native	0	0.0%
Asian	26	0.5%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	8	0.2%
Hispanic or Latino (any race)	414	8.2%

Educational attainment (age 25+)

No high school diploma5.3%

High school graduate38.7%

Some college or associate's33.7%

Bachelor's degree15.0%

Graduate or professional degree7.3%

	Count	Share
No high school diploma	188	5.3%
High school graduate	1,378	38.7%
Some college or associate's	1,199	33.7%
Bachelor's degree	533	15.0%
Graduate or professional degree	260	7.3%

Commute to work

Mean travel time to work: 15 min

Drove alone74.9%

Carpooled3.5%

Public transit1.8%

Walked7.2%

Bicycle0.7%

Worked from home9.7%

Other means2.3%

How workers get to work

	Count	Share
Drove alone	1,649	74.9%
Carpooled	76	3.5%
Public transit	39	1.8%
Walked	158	7.2%
Bicycle	15	0.7%
Worked from home	214	9.7%
Other means	51	2.3%

Travel time

	Count	Share
Under 15 min	1,298	65.3%
15 to 29 min	452	22.7%
30 to 44 min	122	6.1%
45 to 59 min	48	2.4%
60+ min	68	3.4%

Households

Average household size: 2.22
Poverty rate: 7.6% (358 of 4,711)

	Count	Share
Family households	1,100	52.0%
Nonfamily households	1,017	48.0%

Housing

Median year structure built: 1958

Occupancy

	Count	Share
Occupied	2,117	88.7%
Vacant	269	11.3%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,345	63.5%
Renter-occupied	772	36.5%

1-unit, detached80.6%

1-unit, attached0.4%

2 to 4 units8.5%

5 to 19 units8.5%

20 or more units1.8%

Mobile home & other0.3%

Units in structure

	Count	Share
1-unit, detached	1,923	80.6%
1-unit, attached	9	0.4%
2 to 4 units	203	8.5%
5 to 19 units	202	8.5%
20 or more units	42	1.8%
Mobile home & other	7	0.3%

Geography

Place GEOID: 1938640
Type (LSAD): 25
Land area: 5.39 sq mi
Water area: 0.08 sq mi
Center point: 42.5192, -93.2661