Mills County, Iowa

Income Data

+26% vs. Iowa average
$87,810
Median Household Income
$43,081
Per Capita Income

At a Glance

Median Household Income
$87,810
+26% vs. state avg
Per Capita Income
$43,081
+9% vs. national
Income-to-Housing Ratio
38.4%
income as % of home value
Rank in Iowa
#4 / 99
by median household income

How Mills County Compares

Mills County$87,810
Iowa Average$69,830
National Median$74,755

Detailed Income Statistics

$87,810
Median Household Income
$43,081
Per Capita Income
$228,700
Median Home Value
38.4%
Income-to-Housing Ratio

Data Story

About Household Income in Mills County, Iowa

Mills County earns 17% above US average

At $87,810, Mills County's median household income significantly outpaces the national median of $74,755. This $13,055 advantage reflects a prosperous county economy that ranks well above typical American households.

Top earner among Iowa counties

Mills County leads Iowa's 99 counties with a median household income of $87,810, well above the state average of $69,830. This positions Mills households at the peak of Iowa's income distribution.

Mills outearns neighboring counties significantly

Mills County households earn $19,106 more than nearby Monona County ($62,944) and $15,292 more than Montgomery County ($63,190). The county's strong economic base separates it from most other rural Iowa neighbors.

Housing costs remain very affordable here

A 12.1% rent-to-income ratio means Mills County residents spend roughly $127 monthly in rent per $1,000 of income—well below the 30% threshold that signals affordability stress. Strong incomes and modest housing costs create substantial household financial breathing room.

Build on Mills' strong economic foundation

With median household income 17% above the national average and housing costs under control, Mills County families have genuine opportunity to save and invest. Consider maximizing retirement accounts, building emergency funds, and exploring wealth-building strategies tailored to your household's above-average earning power.

Frequently Asked Questions

What is the median household income in Mills County, Iowa?
The median household income in Mills County, Iowa is $87,810, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Mills County?
The per capita income in Mills County is $43,081, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $87,810.
How does Mills County compare to the Iowa average?
Mills County's median household income of $87,810 is higher than the Iowa state average of $69,830. The per capita income is $43,081, compared to the state average of $37,136.
What is the per capita income in Mills County, Iowa?
The per capita income in Mills County, Iowa is $43,081, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Mills County income higher than the Iowa average?
Mills County's median household income of $87,810 is higher than the Iowa average of $69,830. This difference of $17,980 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Mills County rank for income in Iowa?
Mills County ranks #4 out of 99 counties in Iowa by median household income (1 = highest). With a median household income of $87,810 and per capita income of $43,081, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Mills County

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1.00x

Your income is above the Mills County median

County median: $87,810 per year

vs. County Median

+0%

vs. State Average

+26%

vs. National Median

+17%

vs. Mills County MedianAbout equal
vs. Iowa Average26% above
vs. National Median17% above

Income Adequacy

Monthly income covers median rent8.2x

Your monthly income ($7,318) vs. median rent ($888/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.