Iowa City is a city in Iowa state in USA with a population of 75849 residents.. The poverty rate of Iowa City is 27.3%, which is 95% higher than national average. The typical household in Iowa City earns $48148 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 7 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 51.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Iowa City, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Iowa City remained 4.7%, which is 0% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Iowa City, only 59% of adults have a bachelor's degree and 22% have some college but no degree.

Cost of living in Iowa City is 102, which is 2% higher than national average. Median home value in Iowa City is $223900 , which is 3% lower than national average. While median income in Iowa City remained $48148, which is 29% lower than national average.