Iowa City, Iowa is a town with a population of slightly more than 73,000. Young adults (15-24) should fit right in, as they make up an above-average 35% of the population, while middle-aged professionals account for a smaller percentage of the city. Overall, the city's population, with an average age of just under 33, is decidedly younger than most cities in Iowa, ranking as the sixth-youngest municipality in the state. Residents are fairly evenly split between renting (52%) and owning (48%) their home despite an average rent of $1,045/month, substantially higher than the state average of $810.
With an average commute time of about 19 minutes, quicker than most cities in the state, Iowa City residents are well aware that traveling to work isn't overly time-consuming. Driving a vehicle is the typical means of commuting to work, opted for by 36% of residents, while public transit is not used widely. A small percentage of residents (9%) commute to work on foot, though the number is well above the national average.
There are plenty of industries from which to choose in Iowa City, the most common four of which are education, healthcare, entertainment, and retail. Together, these industries account for 39% of the labor force in the city. Meanwhile, in terms of job function, 6% of residents work in management, which ranks as the top field in the city. Iowa City workers earn an average annual income of just over $65,000, about the same as the average Iowa resident. Iowa City, however, compares less favorably to the national average of $73,345. Compared to the national average (7%), Iowa City has a large number of residents over the age of 25 who have advanced degrees, as 13% have earned a Master's or a Doctoral degree. Further, 15% have a Bachelor's degree.
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