Iowa Economic Contribution and Impact Research In 2020, Iowa generated around $26.2 billion in agricultural cash receipts with the highest valued commodities being corn, hogs, and soybeans. That same year, the value of Iowa’s agricultural production and processing industries represented 9.3 percent of total state GDP.
Does Iowa Have a good economy?
Economic Outlook Rank
Iowa is currently ranked 32nd in the United States for its economic outlook.
Is Iowa rich or poor?
Iowa is the thirty-first richest state in the United States of America, with a per capita income of $19,674 (2000).
Is Iowa a good state to live in?
If you’d like to live in a state with an abundance of fresh local produce, and where small towns meet city life, moving to Iowa is right for you. Iowa’s natural scenic views, friendly people, low crime rates, affordable homes, and small-town atmosphere make it one of the most coveted places in the United States.
Does Iowa make money?
Iowa is a farm state. Hogs are Iowa’s leading source of income from livestock, followed by beef cattle – and Iowa raises more hogs than any other state. It’s also a leader in the production of milk, chicken and eggs. Iowa also leads the nation in corn-growing and is a leader in soybean production.
Is Iowa poor?
In 2020, about 11.1 percent of Iowa’s population lived below the poverty line.
Poverty rate in Iowa from 2000 to 2020.
| Characteristic | Percentage of population |
|---|---|
| 2020 | 11.1% |
| 2019 | 11.2% |
| 2018 | 11.2% |
| 2017 | 10.7% |
What is the largest industry in Iowa?
Manufacturing. The most significant industry in Iowa, which contributed $20.8 billion on the state’s GDP in 2003, is the manufacturing sector. The manufacturing sector has employed over 16% of Iowa’s workforce.
What is a good salary in Iowa?
While ZipRecruiter is seeing salaries as high as $139,606 and as low as $19,162, the majority of salaries within the Average jobs category currently range between $45,166 (25th percentile) to $68,434 (75th percentile) with top earners (90th percentile) making $91,246 annually in Iowa.
What is the poorest U.S. state?
Poverty rates were highest in the states of Mississippi (19.58%), Louisiana (18.65%), New Mexico (18.55%), West Virginia (17.10%), Kentucky (16.61%), and Arkansas (16.08%), and they were lowest in the states of New Hampshire (7.42%), Maryland (9.02%), Utah (9.13%), Hawaii (9.26%), and Minnesota (9.33%).
Is Iowa the poorest state?
In contrast, the nation’s poorest state has a poverty rate twice that.
Poorest States 2022.
| State | Mean Household Income |
|---|---|
| North Carolina | $76,940 |
| Ohio | $76,958 |
| Michigan | $78,400 |
| Iowa | $78,411 |
What are the cons of living in Iowa?
List of the Cons of Living in Iowa
- You have zero access to professional sports in Iowa.
- If you’re a beach or mountain person, you’ll find yourself disappointed.
- Winters get really cold in Iowa some years.
- Not every place in Iowa has a low crime rate or a thriving economy.
Is it expensive to live in Iowa?
In comparison to other states in the U.S., Iowa is considered one of the most reasonably priced places to reside. In fact, a recent article published by USA Today ranked Iowa the ninth cheapest state to live in.
What percent of Iowa is black?
Table
| Population | |
|---|---|
| Female persons, percent | 49.8% |
| Race and Hispanic Origin | |
| White alone, percent | 90.1% |
| Black or African American alone, percent(a) | 4.3% |
What are the most common jobs in Iowa?
Detailed List Of The Most Common Jobs In Des Moines, IA
| Rank | Job Title | Count |
|---|---|---|
| 1 | Customer Service Representative | 2,224 |
| 2 | Cashier | 1,701 |
| 3 | Internship | 1,000 |
| 4 | Sales Associate | 909 |
What is Iowa famous for?
Iowa is known for many things, including corn and pork production, political caucuses, and the Iowa State Fair. It became the 29th state in the U.S. in 1846, and it’s the only state to be bordered on two sides by navigable rivers: the Mississippi and the Missouri.
Why is Iowa the best state?
We have great education. At 99%, Iowa has the highest literacy rate in the country, and at 90%, we have the highest graduation rate, too. Iowa also consistently ranks top in the nation for SAT and ACT test scores.
What is the highest paying job in Iowa?
Industrial Truck Driver
Detailed List Of Highest Paying Jobs In Iowa
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | Industrial Truck Driver | $167,552 |
| 2 | Certified Registered Nurse Anesthetist | $162,169 |
| 3 | Owner/operator | $161,401 |
| 4 | Emergency Medicine Specialist | $160,134 |
What is considered low income in Iowa?
For example, if you have a household size of 4, and the program eligibility is 200% of the Federal Poverty Level, then you may qualify for the program if your household income is under $55,500.
What is the median salary in Iowa?
The ACS 1-year survey shows that the median family income for Iowa was $78,152 in 2019. Compared to the median US family income, Iowa median family income is $2,792 lower. Like the median household income numbers, 2020 family income data will be released in September of 2021.
Who is the biggest employer in Iowa?
Hy-Vee
Detailed List Of The 100 Biggest Companies In Iowa
| Rank | Company | Employees |
|---|---|---|
| 1 | Hy-Vee | 85,000 |
| 2 | Rockwell Collins | 29,000 |
| 3 | Casey’s General Stores | 17,917 |
| 4 | The Merrill Company | 15,100 |
What is the main business of Iowa?
Iowa is widely recognized for its leading position in the agricultural sector, particularly corn, soybean, pork and egg production. As a result, the state is known for its food processing and commodity industries.