Iowa Falls, IA demographics:
population, income, and more

Total population
5,038
-0.5% year-over-year change
Median household income
$50,417/yr
-5.0% year-over-year change
Housing units
2,499
4.7% year-over-year change

Iowa Falls population

How many people live in Iowa Falls

Iowa Falls is home to 5,038 residents, according to the most recent Census data. Gender-wise, 49.3% of Iowa Falls locals are male, and 50.7% are female.

Total population
5,038
-0.5% year-over-year change
Gender ratio
Male
49.3%
2,485
Female
50.7%
2,553
Value Percent YoY change
Male 2,485 49.3% -1.6%
Female 2,553 50.7% 0.7%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Iowa Falls is 39, with the population distributed as follows: about 15.6% are children under 15, then 14% are in the 15 to 24 age group. Adults between 25 and 44 make up 24.1% of the population, while another 22.4% fall into the 45 to 64 bracket. Finally, around 23.9% are 65 or older.

Median age
39.4
Age breakdown
Under 15
15.6%
15 to 24
14%
25 to 44
24.1%
45 to 64
22.4%
Over 65
23.9%
Value Percent YoY change
Under 15 784 15.6% -10.2%
15 to 24 706 14% 11.9%
25 to 44 1,216 24.1% -7.0%
45 to 64 1,127 22.4% 4.2%
Over 65 1,205 23.9% 3.2%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Iowa Falls, 94.4% of the population are US-born citizens, while 3.1% have gained naturalized citizenship. At the same time, 2.5% of residents are non-citizens. As for race, 89.3% of locals are Caucasian, 1.8% are African American and 0.5% have Asian roots. There’s also a share of 1.9% that includes residents with two or more races.

Citizenship
U.S.-born citizens
94.4%
Non-U.S.-born citizens
3.1%
Non-citizens
2.5%
Value Percent YoY change
U.S.-born citizens 4,758 94.4% -0.6%
Non-U.S.-born citizens 154 3.1% 4.0%
Non-citizens 126 2.5% -1.6%
Racial breakdown
White
89.3%
Black or African American
1.8%
American Indian and Alaska Native
0.6%
Asian
0.5%
Native Hawaiian and other Pacific Islander
0%
Two or more races
1.9%
Other
5.9%
Value Percent
White 4,497 89.3%
Black or African American 91 1.8%
American Indian and Alaska Native 31 0.6%
Asian 26 0.5%
Two or more races 94 1.9%
Other 299 5.9%

Households in Iowa Falls

A peek inside Iowa Falls households

Iowa Falls has 2,226 households, with an average of 2 members in each. Of these, 50.5% are families, while the remaining 49.5% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
2,226
5.2% year-over-year change
Average people per household
2
Non-family households
1,102
Family households
1,124
Value Percent YoY change
Non-family households 1,102 49.5% 8.4%
Family households 1,124 50.5% 2.2%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Iowa Falls

The housing landscape of Iowa Falls

Iowa Falls's housing consists of 2,499 units, with 77.7% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 0.3% of the housing landscape.

Housing units
2,499
4.7% year-over-year change
Housing types
Value Percent
1 unit, detached 1,942 77.7%
2 units 112 4.5%
3 or 4 units 134 5.4%
5 to 9 units 94 3.8%
10 to 19 units 155 6.2%
20 to 49 units 47 1.9%
50 or more units 7 0.3%
Mobile home 8 0.3%
Homes built since 2020
0
% year-over-year change

The age of buildings in Iowa Falls

In Iowa Falls, the median construction year is 1961. About 19.9% of homes were built before the 1940s, with another 9.1% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 498 19.9% -13.4%
Built between 1940 and 1949 227 9.1% 2.7%
Built between 1950 and 1959 494 19.8% -3.5%
Built between 1960 and 1969 552 22.1% 40.5%
Built between 1970 and 1979 319 12.8% 16.0%
Built between 1980 and 1989 161 6.4% 22.9%
Built between 1990 and 1999 162 6.5% -12.0%
Built between 2000 and 2009 19 0.8% -24.0%
Built between 2010 and 2019 67 2.7% -4.3%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Iowa Falls occupancy rates

Out of the 2,226 occupied housing units in Iowa Falls, 61.2% are owner-occupied, while 38.8% are lived in by tenants. Meanwhile, 10.9% of all homes on the local market sit vacant.

Occupied housing units
2,226
5.2% year-over-year change
Occupancy breakdown
Renter occupied
863
Owner occupied
1,363
Value Percent YoY
change
Renter occupied 863 38.8% 11.8%
Owner occupied 1,363 61.2% 1.3%
Unoccupied housing units
10.9%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Iowa Falls housing costs

Housing costs in Iowa Falls come to a median of $887 per month, while tenants specifically pay a median gross rent of $831.

Median housing costs per month
$887/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Iowa Falls
$831/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Iowa Falls

Iowa Falls education at a glance

About 40.3% of the population in Iowa Falls went to high school, while 24.2% pursued college studies. Another 11.5% earned an associate degree and 15.2% hold a bachelor’s. Meanwhile, 6.7% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 89 2.2% 39.1%
High school diploma 1,671 40.3% -2.2%
College diploma 1,003 24.2% 4.3%
Associate degree 478 11.5% -4.6%
Bachelor's degree 629 15.2% 4.8%
Graduate degree 278 6.7% 6.9%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Iowa Falls

How much people earn in Iowa Falls

The average annual household income in Iowa Falls was $68,174 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +2.1% change from the previous year. At the same time, the median income stood at $50,417, reflecting a -5% shift over the same period.

Average household income in Iowa Falls
$68,174/year
2.1% year-over-year change
Median household income in Iowa Falls
$50,417/year
-5.0% year-over-year change

Iowa Falls income by age

In Iowa Falls, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $50,125. Those with someone between 45 and 64 in charge, often well established professionally, earn $44,844 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $61,136, while those led by someone over 65, many of whom may be retired, have about $51,000 in earnings. Overall, 89.2% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $61,136 26.6%
25 - 44 $50,125 -21.4%
45 - 64 $44,844 -14.3%
Over 65 $51,000 -3.0%
Above poverty level
4,160
Below poverty level
501
Value Percent YoY
change
Above poverty level 4,160 89.2% -3.8%
Below poverty level 501 10.8% 39.9%

Average renter income in Iowa Falls

To get a better sense of what renters earn on average in Iowa Falls, their median household income was $29,583 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 33.7%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$29,583
Rent-to-income ratio
33.7%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Iowa Falls

Workforce and job types in Iowa Falls

The job market in Iowa Falls is powered by 2,244 working residents, spread across a range of industries and roles. 71.4% of the working population are employed in professional or administrative positions, while 28.6% are in hands-on or service-based jobs. Also, 9.1% run their own businesses, 67.5% are employed by private companies, and 17.3% work in the public sector.

Workforce demographics

Working population
2,244
0.0% year-over-year change
White collar
1,602
Blue collar
642
Value Percent YoY change
White collar 1,602 71.4% 2.3%
Blue collar 642 28.6% -5.2%
Employer type
Self employees
9.1%
Private companies
67.5%
Governmental workers
17.3%
Not for profit companies
6.1%
Value Percent YoY change
Self employees 204 9.1% -19.1%
Private companies 1,515 67.5% -0.1%
Governmental workers 389 17.3% 1.0%
Not for profit companies 136 6.1% 51.1%
Unemployment rate
9.2%
20.2% year-over-year change

Available workforce

The unemployment rate in Iowa Falls stands at 9.2%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Iowa Falls

How people get around in Iowa Falls

Commuting methods vary: 78.8% of residents travel by personal vehicle and 8.4% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 1,723 78.8% -0.1%
Bus or trolleybus 48 2.2% 23.1%
Walk 183 8.4% 15.8%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Iowa Falls by zipcode?

Zipcode Population Number of households Median income Average income
50126 6,368 2,772 $55,185 $72,179

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FAQs about Iowa Falls demographics 

What is the total population of Iowa Falls?

Iowa Falls has a total population of 5,038 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -0.5% compared to a year ago.

What is the gender ratio in Iowa Falls?

The gender ratio in Iowa Falls is as follows:
  • 49.3% males (2,485 residents)
  • 50.7% females (2,553 residents)

What is the median age in Iowa Falls?

The median age in Iowa Falls is 39.4.

What is the age distribution of the population in Iowa Falls?

The age distribution in Iowa Falls is as follows:
  • Under 15: 15.6% (784 residents)
  • Ages 15-24: 14% (706 residents)
  • Ages 25-44: 24.1% (1,216 residents)
  • Ages 45-64: 22.4% (1,127 residents)
  • Over 65: 23.9% (1,205 residents)

What is the racial and ethnic makeup of Iowa Falls?

The racial and ethnic makeup of Iowa Falls is as follows:
  • White: 89.3% (4,497 residents)
  • Black or African American: 1.8% (91 residents)
  • American Indian and Alaska Native: 0.6% (31 residents)
  • Asian: 0.5% (26 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 1.9% (94 residents)
  • Other: 5.9% (299 residents)

What percentage of the population in Iowa Falls are U.S.-born citizens?

U.S.-born citizens represent 94.4% of the population in Iowa Falls.

How many housing units are there in Iowa Falls?

There are 2,499 housing units in Iowa Falls, reflecting a +4.7% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Iowa Falls and what is the average household size?

Iowa Falls has a total of 2,226 households, with an average of 2 people in each.

What is the median household income in Iowa Falls?

Iowa Falls has a median household income of $50,417, representing a -5.0% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Iowa Falls?

The employment rate is 90.8% in Iowa Falls, with a workforce of 2,244 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 71.4% (1,602 residents)
  • Blue-collar workers: 28.6% (642 residents)

Places of employment:
  • Self-employed: 9.1% (204 residents)
  • Private companies: 67.5% (1,515 residents)
  • Governmental workers: 17.3% (389 residents)
  • Not-for-profit companies: 6.1% (136 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025