Income & Economy in Knoxville, IA

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

Income Overview

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

Median Household Income

$70,136

-4% vs national

Per Capita Income

$38,253

+3% vs national

Poverty Rate

9.0%

-34% vs national

Gini Index

0.4268

0 = perfect equality

Unemployment

1.9%

-63% vs national

SNAP Recipients

15.2%

of households

How Knoxville Compares

Source: Census ACS (2023)

Knoxville vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Knoxville 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 Knoxville. The median household income here is $70,136.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
15.9%
$25-50K
18.0%
$50-75K
19.1%
$75-100K
16.7%
$100-150K
13.9%
$150-200K
10.2%
$200K+
6.2%

Employment Snapshot

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

Unemployment Rate

1.9%

-47% vs IA avg

Labor Force

3,767

Employed

3,671

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+

21.8%

of adults 25+

High School Diploma+

45.6%

of adults 25+

Median Age

42.2

Work from Home

13.9%

of workers

The median household income in Knoxville, IA is $70,136, which is 4.2% below the national average of $73,224. Per capita income is $38,253. The poverty rate of 9.0% is lower than the IA state average of 10.7%. The Gini index of income inequality is 0.4268, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 1.9%, compared to the state average of 3.6%. 21.8% of adults hold a bachelor's degree or higher.