Cerro Gordo County, Iowa
Income Data
At a Glance
How Cerro Gordo County Compares
Detailed Income Statistics
Data Story
About Household Income in Cerro Gordo County, Iowa
Cerro Gordo lags U.S. income trends
Cerro Gordo's median household income of $65,537 sits 12% below the national median of $74,755, placing the county in the lower-middle tier nationally. This gap signals that local households typically earn less than their American counterparts, even as the cost of living remains relatively modest compared to high-income coastal regions.
Middle-of-the-pack among Iowa counties
At $65,537, Cerro Gordo ranks solidly but unremarkably among Iowa's 99 counties, falling $4,293 short of the state average of $69,830. The county's per capita income of $40,345 exceeds the state average of $37,136, suggesting income is somewhat concentrated among fewer earners.
Similar to surrounding rural Iowa
Cerro Gordo's $65,537 median income aligns closely with neighboring counties like Clinton ($65,177) and Crawford ($65,039), reflecting the consistent economic patterns across Iowa's rural northeast. Nearby Chickasaw County leads the cluster at $73,421, showing regional income variance is modest.
Housing remains affordable here
A 15.4% rent-to-income ratio signals healthy affordability—well below the 30% threshold that marks housing stress—allowing Cerro Gordo households to allocate more to savings and essentials. With a median home value of $154,100, homeownership remains accessible to median-earning families without extraordinary financial strain.
Build long-term prosperity in Cerro Gordo
Cerro Gordo's affordable housing creates a genuine opportunity: households earning $65,537 can prioritize retirement savings and investments while keeping housing costs manageable at 15.4% of income. Consider automating savings into a diversified portfolio or 401(k) to compound wealth over time—even modest contributions grow substantially in stable, lower-cost communities like this.
Frequently Asked Questions
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Income Comparison Calculator
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County median: $65,537 per year
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.