Income & Economy in Grinnell, IA

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

Income Overview

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

Median Household Income

$64,426

-12% vs national

Per Capita Income

$36,382

-2% vs national

Poverty Rate

10.9%

-20% vs national

Gini Index

0.4979

0 = perfect equality

Unemployment

5.3%

+1% vs national

SNAP Recipients

12.6%

of households

How Grinnell Compares

Source: Census ACS (2023)

Grinnell vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Grinnell 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 Grinnell. The median household income here is $64,426.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
23.3%
$25-50K
16.6%
$50-75K
16.0%
$75-100K
13.3%
$100-150K
14.9%
$150-200K
6.5%
$200K+
9.3%

Employment Snapshot

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

Unemployment Rate

5.3%

+46% vs IA avg

Labor Force

4,749

Employed

4,499

Mean Commute

12 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+

25.0%

of adults 25+

High School Diploma+

41.8%

of adults 25+

Median Age

37.9

Work from Home

13.4%

of workers

The median household income in Grinnell, IA is $64,426, which is 12.0% below the national average of $73,224. Per capita income is $36,382. The poverty rate of 10.9% is higher than the IA state average of 10.7%. The Gini index of income inequality is 0.4979, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 5.3%, compared to the state average of 3.6%. 25.0% of adults hold a bachelor's degree or higher. The average commute time is 12 minutes, with 13.4% working from home.