Income & Economy in Floyd, IA

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$61,000

-17% vs national

Per Capita Income

$33,380

-10% vs national

Poverty Rate

4.9%

-64% vs national

Gini Index

0.3707

0 = perfect equality

Unemployment

3.4%

-34% vs national

SNAP Recipients

8.3%

of households

How Floyd Compares

Source: Census ACS (2023)

Floyd vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Floyd is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Floyd. The median household income here is $61,000.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
16.7%
$25-50K
22.9%
$50-75K
19.4%
$75-100K
21.5%
$100-150K
13.9%
$150-200K
4.2%
$200K+
1.4%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

3.4%

-5% vs IA avg

Labor Force

176

Employed

170

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+

6.8%

of adults 25+

High School Diploma+

42.2%

of adults 25+

Median Age

42.0

Work from Home

15.3%

of workers

The median household income in Floyd, IA is $61,000, which is 16.7% below the national average of $73,224. Per capita income is $33,380. The poverty rate of 4.9% is lower than the IA state average of 10.7%. The Gini index of income inequality is 0.3707, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.4%, compared to the state average of 3.6%. 6.8% of adults hold a bachelor's degree or higher.