Income & Economy in Inwood, IA

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

Income Overview

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

Median Household Income

$61,711

-16% vs national

Per Capita Income

$30,604

-18% vs national

Poverty Rate

5.4%

-60% vs national

Gini Index

0.3848

0 = perfect equality

Unemployment

6.0%

+16% vs national

SNAP Recipients

4.6%

of households

How Inwood Compares

Source: Census ACS (2023)

Inwood vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Inwood 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 Inwood. The median household income here is $61,711.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
14.9%
$25-50K
26.4%
$50-75K
20.7%
$75-100K
13.2%
$100-150K
17.5%
$150-200K
4.3%
$200K+
2.9%

Employment Snapshot

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

Unemployment Rate

6.0%

+67% vs IA avg

Labor Force

415

Employed

390

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+

11.4%

of adults 25+

High School Diploma+

33.3%

of adults 25+

Median Age

35.8

Work from Home

5.6%

of workers

The median household income in Inwood, IA is $61,711, which is 15.7% below the national average of $73,224. Per capita income is $30,604. The poverty rate of 5.4% is lower than the IA state average of 10.7%. The Gini index of income inequality is 0.3848, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 6.0%, compared to the state average of 3.6%. 11.4% of adults hold a bachelor's degree or higher.