Washington County, Iowa
Income Data
At a Glance
How Washington County Compares
Detailed Income Statistics
Data Story
About Household Income in Washington County, Iowa
Washington slightly below national median
Washington County's median household income of $71,339 falls about $3,400 short of the U.S. median of $74,755, representing a modest 4.5% gap. This near-parity with national norms suggests Washington's economy is reasonably aligned with broader U.S. trends. Per capita income of $37,686 also closely mirrors the national average, indicating balanced earning power across households.
Slightly above Iowa's middle
Washington County's $71,339 median household income edges above Iowa's state average of $69,830, placing it in the upper-middle tier of the state's 99 counties. Per capita income of $37,686 slightly exceeds Iowa's average of $37,136, suggesting relatively stable wage growth. Washington performs modestly better than most rural Iowa counties, reflecting a diversified local economy.
Washington leads its immediate peer group
Washington's $71,339 income surpasses nearby Van Buren ($60,183), Wapello ($60,034), and Wayne ($59,118) by significant margins, positioning it as a relative income leader in the south-central region. It trails Winneshiek County ($75,652) by about $4,300 but substantially exceeds Webster County ($68,054). This profile makes Washington a middle-ground performer among its geographic neighbors.
Balanced housing affordability
Washington's rent-to-income ratio of 14.5% remains comfortably below the 30% affordability threshold, indicating manageable housing costs for renters. With a median home value of $199,600 and median household income of $71,339, homeownership is within reach for most working families. The balance between income and housing prices supports stable homeownership patterns across the county.
Steady wealth building in Washington
Washington residents with median income of $71,339 should establish consistent retirement savings, diversified investment portfolios, and adequate life insurance to protect wealth gains. Tax-deferred accounts like traditional IRAs and 401(k)s reduce the tax drag on investment returns over decades. Regular financial checkups and modest portfolio rebalancing can help households stay on track toward long-term financial goals.
Frequently Asked Questions
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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.