Income & Economy in Wayland, IA

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

Income Overview

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

Median Household Income

$67,000

-8% vs national

Per Capita Income

$29,584

-20% vs national

Poverty Rate

6.6%

-52% vs national

Gini Index

0.2969

0 = perfect equality

Unemployment

0.7%

-87% vs national

SNAP Recipients

14.8%

of households

How Wayland Compares

Source: Census ACS (2023)

Wayland vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Wayland 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 Wayland. The median household income here is $67,000.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
6.7%
$25-50K
29.2%
$50-75K
19.8%
$75-100K
18.6%
$100-150K
23.8%
$150-200K
2.0%

Employment Snapshot

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

Unemployment Rate

0.7%

-81% vs IA avg

Labor Force

585

Employed

581

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+

18.4%

of adults 25+

High School Diploma+

44.0%

of adults 25+

Median Age

45.4

Work from Home

4.0%

of workers

The median household income in Wayland, IA is $67,000, which is 8.5% below the national average of $73,224. Per capita income is $29,584. The poverty rate of 6.6% is lower than the IA state average of 10.7%. The Gini index of income inequality is 0.2969, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.7%, compared to the state average of 3.6%. 18.4% of adults hold a bachelor's degree or higher.