Wayne County, Iowa
Income Data
At a Glance
How Wayne County Compares
Detailed Income Statistics
Data Story
About Household Income in Wayne County, Iowa
Wayne falls furthest behind nationally
Wayne County's median household income of $59,118 trails the national median of $74,755 by $15,637, representing the steepest 20.9% gap in this dataset. Per capita income of $34,623 further reflects depressed individual earning power across the county. This significant shortfall positions Wayne among America's most economically challenged rural counties.
Lowest income tier in Iowa
Wayne County ranks among the lowest-income counties in Iowa, with median household income falling nearly $11,000 below the state average of $69,830. Per capita income of $34,623 trails Iowa's average by $2,513, indicating systemic earning constraints. Wayne's position in the state's bottom tier underscores the severity of local economic headwinds.
Wayne at the regional bottom
Wayne's $59,118 median income is the lowest in its peer cluster, marginally behind Van Buren ($60,183) and Wapello ($60,034), and dramatically below Winneshiek ($75,652) and Warren ($92,990). The $33,872 gap to Warren represents a stark contrast in earning capacity within Iowa. Wayne's isolation in the income hierarchy reflects concentrated job loss and limited employer diversity.
Housing affordability masks deeper stress
Wayne's rent-to-income ratio of 13.4% appears healthy on paper, but the low income base means even affordable rents consume significant discretionary resources for working families. With a median home value of $102,300 and median household income of $59,118, homeownership reaches the edge of affordability for many households. Low housing costs reflect weak property demand rather than genuine affordability gains.
Start small, think long-term in Wayne
Wayne residents should prioritize debt reduction and emergency savings before investing, given the tight income margin typical in the county. Even saving $50 per month through automatic transfers into a high-yield savings account builds a buffer against unexpected expenses. As stability improves, low-cost index funds and employer retirement plans become viable pathways to gradual wealth accumulation.
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Your income is above the Wayne County median
County median: $59,118 per year
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vs. State Average
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vs. National Median
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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.