Asbury, Waukee, Sioux Center: These cities aren’t just some of the best places to live in Iowa. They are also home to some of the richest people in the Hawkeye State.
Asbury in particular houses the richest residents in the state thanks, in part, to a median household income of $90,781 and a ridiculously low poverty rate of 3.9%.
If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Iowa share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.
How did we come up with these mega wealthy cities? We analyzed Census data from the 2012-2016 American Community Survey for the 82 places in Iowa with more than 5,000 people.
At the end of the day, here’s the set of the 10 richest places in Iowa for 2018:
- Asbury (Photos | Homes For Sale)
- Waukee (Photos | Homes For Sale)
- Sioux Center (Photos | Homes For Sale)
- Bondurant (Homes For Sale)
- North Liberty (Photos | Homes For Sale)
- Pleasant Hill (Photos | Homes For Sale)
- Grimes (Photos | Homes For Sale)
- Clive (Photos | Homes For Sale)
- Orange City (Photos | Homes For Sale)
- Algona (Photos | Homes For Sale)
For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in Iowa.
How We Determined The Richest Places In Iowa For 2018
The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.
However, we don’t believe that one statistic wholly encompasses what it means to be one of the ‘richest places’. So we looked at this set of criteria from the newly released 2012-2016 American Community Survey:
- Poverty Level
- Median Household Income
- Unemployment Rate
Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.
After we collected the data for all 82 places with more than 5,000 people in Iowa, we ranked each place from 1 to 82 for each of the criteria, with 1 being the richest.
We then averaged all the rankings for a place into a ‘Rich Score’ with the place having the lowest overall Rich Score, Asbury, crowned the ‘Richest Place In Iowa For 2018’.
You can learn more about the top ten below or skip to the end to see the rankings for all 82 places.
Population: 5,201Median Income: $90,781
Unemployment Rate: 1.0%
Poverty Rate: 3.9%
More on Asbury: Homes For Sale | Data
Asbury is a city in Dubuque County, Iowa, United States, and a suburb of the city of Dubuque. It is part of the Dubuque, Iowa Metropolitan Statistical Area. The population was 4,357 at the 2010 census. Asbury is the second-largest city in Dubuque County, surpassing Dyersville, Iowa to become the second-largest in the 2010 U.S. Census count. The city is largely a bedroom community, made up of spacious, new subdivisions whose residents work in Dubuque or Peosta, Iowa.
Population: 16,955Median Income: $81,250
Unemployment Rate: 1.0%
Poverty Rate: 5.6%
More on Waukee: Homes For Sale | Data
Waukee is a city in Dallas County, Iowa, United States. The population was 13,790 at the 2010 Census; a fast growth has been measured since as it is estimated there were 19,284 people living in Waukee in 2016. It is part of the Des Moines – West Des Moines Metropolitan Statistical Area.
3. Sioux Center
Population: 5,079 Median Income: $73,073
Unemployment Rate: 1.1%
Poverty Rate: 4.2%
More on Bondurant: Homes For Sale | Data
Bondurant is a city in Polk County, Iowa, United States. The population was 3,860 in the 2010 census, an increase of 109% from the 1,846 population in the 2000 census. It is part of the Des Moines–West Des Moines Metropolitan Statistical Area.
5. North Liberty
Population: 16,984Median Income: $77,752
Unemployment Rate: 0.7%
Poverty Rate: 7.2%
More on North Liberty: Homes For Sale | Data
North Liberty is a city in Johnson County, Iowa, United States. It is a suburb of Iowa City and part of the Iowa City Metropolitan Statistical Area.
6. Pleasant Hill
Population: 9,406Median Income: $75,373
Unemployment Rate: 2.0%
Poverty Rate: 5.4%
More on Pleasant Hill: Homes For Sale | Data
Pleasant Hill is a city in Polk County, Iowa, United States. The population was 8,785 at the 2010 census. It is part of the Des Moines–West Des Moines Metropolitan Statistical Area. As of July, 2005, Pleasant Hill has been given a US Postal code, 50327.
Population: 10,422Median Income: $83,125
Unemployment Rate: 3.2%
Poverty Rate: 3.3%
More on Grimes: Homes For Sale | Data
Grimes is a city in Dallas and Polk counties in the U.S. state of Iowa. The population was 8,246 at the 2010 census. Grimes is part of the Des Moines–West Des Moines Metropolitan Statistical Area.
Population: 17,022Median Income: $90,502
Unemployment Rate: 3.3%
Poverty Rate: 4.0%
More on Clive: Homes For Sale | Data
Clive is a city in Dallas and Polk counties in the U.S. state of Iowa. As of the 2010 Census the population is at 15,447. It is part of the Des Moines–West Des Moines Metropolitan Statistical Area. Clive is known for its Greenbelt Park and trail system running through the entire community. Clive serves as the axis of the western Des Moines suburbs, being located between Urbandale, Waukee and West Des Moines along the major transportation corridors of I-35, I-80 and I-235. The City of Urbandale is to the north to northwest, the City of West Des Moines is to the southeast to southwest, the City of Waukee in Dallas County is to the west.
9. Orange City
Population: 5,496Median Income: $53,388
Unemployment Rate: 0.7%
Poverty Rate: 5.0%
More on Algona: Homes For Sale | Data
Algona is a city in and the county seat of Kossuth County, Iowa, United States. The population was 5,560 at the 2010 census. Ambrose A. Call State Park is located two miles southwest of the city.
There You Have It – The Wealthiest Places In Iowa For 2018
Like we said earlier, when we set out to identify the richest places in Iowa, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Iowa.
When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.
If you’re curious enough, here are the poorest cities in Iowa, according to data:
2nd Poorest: Red Oak
3rd Poorest: Centerville
For more Iowa reading , check out:
Detailed List Of The Richest Cities In Iowa
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