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State economy

Iowa economy

Iowa's unemployment rate was 3.2% in September 2026, unchanged from the month before and 3.4% a year earlier. That ranks 9 of 51 (1 = lowest); the national rate was 4.1%. Employers had 1.59 million jobs on their payrolls in September 2026, a gain of 4,000 (+0.3%) from a year earlier. Home prices (FHFA index) were +3.2% from a year earlier in Q2 2026. Median household income was $81,890 in 2025.

3.2%
unemployment rate
September 2026
Unemployment rate3.2%Rank 9 of 51 (1 = lowest)
10-year range2.5–11.0%Low May 2018 · high Apr 2020
Nonfarm jobs1.59M+0.3% in a year · rank 30
Home prices (FHFA)+3.2%1-year change · Q2 2026 · 5-yr +37%
Median household income$81,8902025 · rank 37 of 51

Iowa: unemployment rate

Iowa unemployment rateLine chart from Jan 1, 2006 to Sep 1, 2026. Latest 3.2%; high 11.0% on Apr 1, 2020; low 2.5% on May 1, 2018.2%4%6%8%10%12%20082010201220142016201820202022202420263.2%High 11.0%Low 2.5%

Iowa: jobs, change from a year earlier

Iowa nonfarm jobs, 12-month changeLine chart from Jan 1, 2001 to Sep 1, 2026. Latest +0.3%; high +8.4% on Apr 1, 2021; low -11.0% on Apr 1, 2020.-15%-10%-5%0%5%10%20052010201520202025+0.3%High +8.4%Low -11.0%

Iowa: home prices, change from a year earlier

Iowa FHFA house price index, 12-month changeLine chart from Jan 1, 2001 to Apr 1, 2026. Latest +3.2%; high +15.4% on Apr 1, 2022; low -2.2% on Jan 1, 2010.-5%0%5%10%15%20%20052010201520202025+3.2%High +15.4%Low -2.2%

Iowa: median household income

Iowa median household incomeLine chart from Jul 1, 1984 to Jul 1, 2025. Latest $81,890; high $84,370 on Jul 1, 2024; low $19,860 on Jul 1, 1984.$0$20,000$40,000$60,000$80,000$100,0001990199520002005201020152020$81,890Low $19,860

Other states

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming

Sources: U.S. Bureau of Labor Statistics (unemployment, nonfarm payrolls; seasonally adjusted), Federal Housing Finance Agency (all-transactions house price index), U.S. Census Bureau (median household income, current dollars), via FRED. US unemployment rate: 4.1% (October 2026).