Coralville, Iowa Income Statistics
Coralville 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.
-
B
Coralville Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Coralville | Iowa Avg | US Average |
|---|---|---|---|
| Median Household Income | $67,944 | $75,133 | $80,455 |
| Median Personal Income | $58,093 | $57,332 | $60,758 |
| Average Yearly Income Growth | 1.9% | 4.0% | 4.8% |
| Six-Figure Earners | 11.2% | 10.5% | 13.9% |
| $200k+ Households | 9.2% | 8.6% | 13.2% |
The median household income in Coralville is about 10% lower than in Iowa. Income has been growing slower in Coralville (1.9%/yr) than in Iowa (4.0%/yr).
About 11% of adults in Coralville 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 Coralville, Iowa grew by 45.9% from 2009 to 2024, reaching $67,944 in 2024. That's an average of about 1.9% per year.
Income Inequality and the Gender Pay Gap in Coralville
| Metric | Coralville | Iowa Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.516 | 0.510 | 0.552 |
| Male Median Income | $63,845 | $66,524 | $69,667 |
| Female Median Income | $57,975 | $52,524 | $56,850 |
| Gender Pay Gap | 9.2% | 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 Coralville, it is 0.516, higher than Iowa's 0.510, so income is less 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 10% more than women's income in Coralville, Iowa. Over a 35-year career, a 10% wage gap accumulates to roughly $205,450 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Coralville, Iowa has narrowed from about 12% to 9% in 2024. Over that period the gap was widest at 20% in 2012, and was narrowest at 5% in 2019. In dollar terms, the gap has widened by $575 since 2009.
Employment
| Metric | Coralville | Iowa Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.3% | 3.6% | 5.2% |
| Working from Home | 12.0% | 11.3% | 15.0% |
| Commute time (minutes) | 17 | 16 | 22 |
Approximately 302 people are unemployed in Coralville, Iowa.
The average commute time in Coralville is 17 minutes, longer than the 16 minutes in Iowa.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Coralville, Iowa has fallen from 3.7% to 2.3% in 2024. Over that period the rate fell as low as 1.7% in 2021.
Coralville, IA Wealth Compared With Nearby Cities
How Coralville, 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. |
|---|---|---|---|---|---|
| Coralville, IA | 22,755 | $67,944 #1/2 | 1.9%/yr #2/2 | 2.3% #1/2 | 0.516 #1/2 |
| Iowa City, IA | 66,193 | $56,219 | 3.9%/yr | 4.8% | 0.599 |
Conclusion
Considering all these factors, Coralville, Iowa has an overall wealth index grade of B, making it about on par with Iowa, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Coralville, Iowa.
How Rich Is Coralville, Iowa?
Coralville has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $67,944, about 10% lower than the Iowa average of $75,133.
How has median household income changed in Coralville, Iowa?
Between 2009 and 2024, the median household income in Coralville, Iowa rose 46%, from $46,559 to $67,944. Over the same years, income here lagged behind Iowa as a whole: +46% against +56%.
What was the median household income in Coralville in 2023?
In 2023, the median household income in Coralville, Iowa was $65,913, down 3% from $67,720 in 2022. The Iowa median that year was $73,347.
What was the median household income in Coralville in 2020?
In 2020, the median household income in Coralville, Iowa was $61,160. By 2024 it had risen 11% to $67,944.
Is it hard to find a job in Coralville, Iowa?
Unemployment in Coralville, Iowa is only 2.3%, 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 Coralville, Iowa?
The Gini coefficient in Coralville is 0.516. 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 Coralville, Iowa?
Since 2009, the income gap between men and women in Coralville, Iowa has narrowed from about 12% to 9% in 2024. Over that period the gap was widest at 20% in 2012, and was narrowest at 5% in 2019. In dollar terms, the gap has widened by $575 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →