Income & Economy in Washburn, IA

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

Income Overview

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

Median Household Income

$75,278

+3% vs national

Per Capita Income

$37,546

+1% vs national

Poverty Rate

5.3%

-61% vs national

Gini Index

0.3731

0 = perfect equality

Unemployment

1.5%

-72% vs national

SNAP Recipients

15.6%

of households

How Washburn Compares

Source: Census ACS (2023)

Washburn vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Washburn 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 Washburn. The median household income here is $75,278.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
7.4%
$25-50K
16.7%
$50-75K
25.6%
$75-100K
16.7%
$100-150K
21.9%
$150-200K
8.2%
$200K+
3.7%

Employment Snapshot

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

Unemployment Rate

1.5%

-59% vs IA avg

Labor Force

341

Employed

336

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+

19.1%

of adults 25+

High School Diploma+

43.0%

of adults 25+

Median Age

37.4

Work from Home

8.9%

of workers

The median household income in Washburn, IA is $75,278, which is 2.8% above the national average of $73,224. Per capita income is $37,546. The poverty rate of 5.3% is lower than the IA state average of 10.7%. The Gini index of income inequality is 0.3731, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 1.5%, compared to the state average of 3.6%. 19.1% of adults hold a bachelor's degree or higher.