Marion, Iowa Income Statistics
Marion 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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B
Marion Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Marion | Iowa Avg | US Average |
|---|---|---|---|
| Median Household Income | $88,036 | $75,133 | $80,455 |
| Median Personal Income | $65,358 | $57,332 | $60,758 |
| Average Yearly Income Growth | 3.7% | 4.0% | 4.8% |
| Six-Figure Earners | 14.2% | 10.5% | 13.9% |
| $200k+ Households | 10.8% | 8.6% | 13.2% |
The median household income in Marion is about 17% higher than in Iowa. Income has been growing slower in Marion (3.7%/yr) than in Iowa (4.0%/yr).
About 14% of adults in Marion 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 Marion, Iowa grew by 57.5% from 2009 to 2024, reaching $88,036 in 2024. That's an average of about 3.7% per year.
Income Inequality and the Gender Pay Gap in Marion
| Metric | Marion | Iowa Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.483 | 0.510 | 0.552 |
| Male Median Income | $79,742 | $66,524 | $69,667 |
| Female Median Income | $58,339 | $52,524 | $56,850 |
| Gender Pay Gap | 26.8% | 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 Marion, it is 0.483, 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 37% more than women's income in Marion, Iowa. Over a 35-year career, a 37% wage gap accumulates to roughly $749,105 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Marion, Iowa has narrowed from about 35% to 27% in 2024. Over that period the gap was narrowest at 17% in 2014. In dollar terms, the gap has widened by $2,408 since 2009.
Employment
| Metric | Marion | Iowa Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.0% | 3.6% | 5.2% |
| Working from Home | 19.1% | 11.3% | 15.0% |
| Commute time (minutes) | 17 | 16 | 22 |
Approximately 626 people are unemployed in Marion, Iowa.
The average commute time in Marion is 17 minutes, longer than the 16 minutes in Iowa.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Marion, Iowa has fallen from 5.2% to 4.0% in 2024. Over that period the rate peaked at 5.4% in 2013 and fell as low as 3.4% in 2016.
Marion, IA Wealth Compared With Nearby Cities
How Marion, 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. |
|---|---|---|---|---|---|
| Marion, IA | 30,016 | $88,036 #1/2 | 3.7%/yr #1/2 | 4.0% #2/2 | 0.483 #1/2 |
| Cedar Rapids, IA | 120,968 | $68,523 | 3.3%/yr | 3.6% | 0.505 |
Conclusion
Considering all these factors, Marion, Iowa has an overall wealth index grade of B, making it somewhat better than Iowa, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Marion, Iowa.
How Rich Is Marion, Iowa?
Marion 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 $88,036, about 17% higher than the Iowa average of $75,133.
How has median household income changed in Marion, Iowa?
Between 2009 and 2024, the median household income in Marion, Iowa rose 58%, from $55,883 to $88,036. Over the same years, income here outpaced Iowa as a whole: +58% against +56%.
What was the median household income in Marion in 2023?
In 2023, the median household income in Marion, Iowa was $89,082, up 4% from $85,249 in 2022. The Iowa median that year was $73,347.
What was the median household income in Marion in 2020?
In 2020, the median household income in Marion, Iowa was $74,467. By 2024 it had risen 18% to $88,036.
How many people earn six figures in Marion, Iowa?
Yes. 14% of adults in Marion, Iowa earn $100,000 or more a year (about 1 in 7), against 11% (about 1 in 9) in Iowa. 11% of households have a combined income of $200,000 or more, compared with 9% in Iowa.
What is the Gini coefficient in Marion, Iowa?
The Gini coefficient in Marion is 0.483. 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 Marion, Iowa?
Since 2009, the income gap between men and women in Marion, Iowa has narrowed from about 35% to 27% in 2024. Over that period the gap was narrowest at 17% in 2014. In dollar terms, the gap has widened by $2,408 since 2009.
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