Ankeny, Iowa Income Statistics
Ankeny Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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A
Ankeny Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Ankeny | Iowa Avg | US Average |
|---|---|---|---|
| Median Household Income | $101,583 | $75,133 | $80,455 |
| Median Personal Income | $68,365 | $57,332 | $60,758 |
| Average Yearly Income Growth | 4.2% | 4.0% | 4.8% |
| Six-Figure Earners | 18.1% | 10.5% | 13.9% |
| $200k+ Households | 11.8% | 8.6% | 13.2% |
The median household income in Ankeny is about 35% higher than in Iowa. Income has been growing faster in Ankeny (4.2%/yr) than in Iowa (4.0%/yr).
About 18% of adults in Ankeny earn six figures ($100,000 or more) a year, higher than the Iowa average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Ankeny, Iowa grew by 48.6% from 2009 to 2024, reaching $101,583 in 2024. That's an average of about 4.2% per year.
Income Inequality and the Gender Pay Gap in Ankeny
| Metric | Ankeny | Iowa Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.481 | 0.510 | 0.552 |
| Male Median Income | $82,226 | $66,524 | $69,667 |
| Female Median Income | $62,370 | $52,524 | $56,850 |
| Gender Pay Gap | 24.1% | 21.0% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Ankeny, it is 0.481, lower than Iowa's 0.510, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 32% more than women's income in Ankeny, Iowa. Over a 35-year career, a 32% wage gap accumulates to roughly $694,960 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Ankeny, Iowa has widened from about 22% to 24% in 2024. Over that period the gap was widest at 29% in 2014, and was narrowest at 21% in 2019. In dollar terms, the gap has widened by $7,829 since 2009.
Sharply against the trend: the pay gap in Ankeny widened by 1.8 points while Iowa's narrowed by 3.3 points.
Employment
| Metric | Ankeny | Iowa Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.4% | 3.6% | 5.2% |
| Working from Home | 19.4% | 11.3% | 15.0% |
| Commute time (minutes) | 21 | 16 | 22 |
Approximately 746 people are unemployed in Ankeny, Iowa.
The average commute time in Ankeny is 21 minutes, longer than the 16 minutes in Iowa.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Ankeny, Iowa has fallen from 4.3% to 2.4% in 2024. Over that period the rate peaked at 4.4% in 2013.
Ankeny, IA Wealth Compared With Nearby Cities
How Ankeny, IA compares with the 1 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Ankeny, IA | 54,055 | $101,583 #2/2 | 4.2%/yr #1/2 | 2.4% #1/2 | 0.481 #1/2 |
| Johnston, IA | 20,666 | $111,620 | 2.0%/yr | 2.5% | 0.486 |
Conclusion
Considering all these factors, Ankeny, Iowa has an overall wealth index grade of A, making it somewhat better than Iowa, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Ankeny, Iowa.
How Wealthy Is Ankeny, Iowa?
Ankeny has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $101,583, about 35% higher than the Iowa average of $75,133.
Are incomes growing in Ankeny, Iowa?
Between 2009 and 2024, the median household income in Ankeny, Iowa rose 49%, from $68,368 to $101,583. Over the same years, income here lagged behind Iowa as a whole: +49% against +56%.
What was the median household income in Ankeny in 2023?
In 2023, the median household income in Ankeny, Iowa was $100,850, up 4% from $96,540 in 2022. The Iowa median that year was $73,347.
What was the median household income in Ankeny in 2020?
In 2020, the median household income in Ankeny, Iowa was $83,337. By 2024 it had risen 22% to $101,583.
Do many residents of Ankeny, Iowa earn over $100,000?
Yes. 18% of adults in Ankeny, Iowa earn $100,000 or more a year (about 1 in 6), against 11% (about 1 in 9) in Iowa. 12% of households have a combined income of $200,000 or more, compared with 9% in Iowa.
Is unemployment high in Ankeny, Iowa?
Unemployment in Ankeny, Iowa is only 2.4%, well below the Iowa rate of 3.6%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Ankeny, Iowa?
The Gini coefficient in Ankeny is 0.481. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Ankeny, Iowa?
Since 2009, the income gap between men and women in Ankeny, Iowa has widened from about 22% to 24% in 2024. Over that period the gap was widest at 29% in 2014, and was narrowest at 21% in 2019. In dollar terms, the gap has widened by $7,829 since 2009.
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