Income & Economy in Cedar Rapids, IA
Household income, poverty rates, employment, and economic data — 2023 ACS Data
Income Overview
Source: U.S. Census Bureau ACS (2023)Median Household Income
$67,859
-7% vs national
Per Capita Income
$39,824
+7% vs national
Poverty Rate
11.8%
-13% vs national
Gini Index
0.4479
0 = perfect equality
Unemployment
3.9%
-24% vs national
SNAP Recipients
10.8%
of households
How Cedar Rapids Compares
Source: Census ACS (2023)Cedar Rapids vs Similar Cities
Source: Census ACS (2023)Compared to cities with 100,000 - 250,000 residents. Cedar Rapids is highlighted.
Median Household Income
Per Capita Income
Poverty Rate
Unemployment Rate
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Cedar Rapids. The median household income here is $67,859.
Income Distribution
Source: U.S. Census Bureau ACS (2023)Employment Snapshot
Source: U.S. Census Bureau ACS (2023)Unemployment Rate
3.9%
+9% vs IA avg
Labor Force
76,093
Employed
73,065
Mean Commute
16 min
How People Get to Work
Source: Census ACS (2023)Employment by Sector
Source: Census ACS (2023)Education & Workforce
Source: U.S. Census Bureau ACS (2023)Bachelor's Degree+
22.3%
of adults 25+
High School Diploma+
40.0%
of adults 25+
Median Age
36.9
Work from Home
12.6%
of workers
The median household income in Cedar Rapids, IA is $67,859, which is 7.3% below the national average of $73,224. Per capita income is $39,824. The poverty rate of 11.8% is higher than the IA state average of 10.7%. The Gini index of income inequality is 0.4479, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.9%, compared to the state average of 3.6%. 22.3% of adults hold a bachelor's degree or higher. The average commute time is 16 minutes, with 12.6% working from home.