The 10 Richest Cities In Iowa For 2023


We analyzed 79 places in Iowa to determine where the 1% live.

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Wondering where the richest folks live in the Hawkeye State? Wonder no longer, because we’ve used science and data to take the guesswork out of determining the wealthiest places in Iowa.

The places in Iowa with the highest concentration of wealth are largely centered around the state’s capital and biggest city, Des Moines. About half the cities on this list are suburbs of Des Moines, with Waukee being the richest of the rich suburbs. If you’re looking for money in the eastern part of the state, North Liberty, situated between Cedar Rapids and Iowa City, is your best bet. In any case, you don’t usually have to travel far from Iowa’s biggest cities to find the hordes of wealth.

How much do you need to have in the piggy bank to live in one of the richest places in Iowa? Well the good news is that Iowa has one of the lowests rent in America, so you won’t need to break the bank if you’re not looking to buy. The average median household income for cities on this list was around $80,000/year, with Clive having the highest earners statewide. If job stability is more important to you, then Bondurant’s super low unemployment rate ought to be attractive.

So if you want to know what Iowan cities have corn made of gold, serve fried catfish with a side of caviar, and wear tuxedos to the state fair, read on.

Here are the 10 richest places in Iowa for 2023:

  1. Bondurant
  2. Sioux Center
  3. Pella
  4. Clive
  5. Eldridge
  6. North Liberty
  7. Asbury
  8. Waukee
  9. Ankeny
  10. Polk City

Now you know where the hot spots of wealth are in Iowa. It shouldn’t come as a shock that there was a good amount of overlap between the richest cities and the safest and best cities in Iowa. Money doesn’t automatically make a city safe or great to live in, but it sure doesn’t hurt.

So how did we come up with this list of Iowa’s wealthiest places? We started by narrowing down our search to only cities with a population of at least 5,000, which left us with 83 cities to score. Then we looked for the cities with the lowest rates of poverty and unemployment and the highest median household incomes. That left us with only the most-moneyed spots in Iowa. But what city is the richest? According to the data, Bondurant is the wealthiest city in Iowa for 2023.

If you’re surprised a city you thought was super-flush wasn’t in the top ten, check out the complete list below to see where it landed.

Rich people not your cup of tea? Feel free to check out some more reading about Iowa:

The 10 Richest Cities In Iowa For 2023

1. Bondurant

Overall SnackAbility

6
/10

Population: 7,163
Rank Last Year: 4 (Up 3)
Median Income: $106,821
Unemployment Rate: 0.8%
Poverty Rate: 6.0%
More on Bondurant: Real Estate

2. Sioux Center

Sioux Center, IA

Overall SnackAbility

9
/10

Population: 8,090
Rank Last Year: 1 (Down 1)
Median Income: $80,955
Unemployment Rate: 0.5%
Poverty Rate: 5.3%
More on Sioux Center: Real Estate | Photos

3. Pella

Pella, IA

Overall SnackAbility

9
/10

Population: 10,414
Rank Last Year: 3 (No Change)
Median Income: $80,270
Unemployment Rate: 1.6%
Poverty Rate: 2.8%
More on Pella: Real Estate | Photos

4. Clive

Clive, IA

Source: Public domain
Overall SnackAbility

9.5
/10

Population: 18,323
Rank Last Year: 6 (Up 2)
Median Income: $114,905
Unemployment Rate: 2.7%
Poverty Rate: 3.2%
More on Clive: Real Estate | Photos

5. Eldridge

Eldridge, IA

Overall SnackAbility

9.5
/10

Population: 6,634
Rank Last Year: 8 (Up 3)
Median Income: $74,949
Unemployment Rate: 1.6%
Poverty Rate: 1.6%
More on Eldridge: Real Estate | Photos

6. North Liberty

North Liberty, IA

Overall SnackAbility

9
/10

Population: 19,976
Rank Last Year: 9 (Up 3)
Median Income: $96,351
Unemployment Rate: 2.4%
Poverty Rate: 4.5%
More on North Liberty: Real Estate | Photos

7. Asbury

Asbury, IA

Overall SnackAbility

9.5
/10

Population: 5,795
Rank Last Year: 13 (Up 6)
Median Income: $101,818
Unemployment Rate: 2.9%
Poverty Rate: 2.9%
More on Asbury: Real Estate | Photos

8. Waukee

Waukee, IA

Overall SnackAbility

9
/10

Population: 23,441
Rank Last Year: 5 (Down 3)
Median Income: $101,138
Unemployment Rate: 2.6%
Poverty Rate: 4.8%
More on Waukee: Real Estate | Photos

9. Ankeny

Ankeny, IA

Overall SnackAbility

9
/10

Population: 66,346
Rank Last Year: 7 (Down 2)
Median Income: $92,959
Unemployment Rate: 2.5%
Poverty Rate: 4.2%
More on Ankeny: Real Estate | Photos

10. Polk City

Source: Public Domain
Overall SnackAbility

9.5
/10

Population: 5,386
Rank Last Year:
Median Income: $141,548
Unemployment Rate: 3.3%
Poverty Rate: 4.0%
More on Polk City: Real Estate

Methodology: How We Determined The Richest Places In Iowa For 2023

Map Of The Richest Places To Live In Iowa
The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.

However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places”. So we looked at this set of criteria from the newly released 2017-2021 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 83 places with more than 5,000 people in Iowa, we ranked each place from 1 to 83 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a “Rich Score” with the place having the lowest overall Rich Score, Bondurant, crowned the “Richest City In Iowa For 2023”. You can download the data here.

You can learn more about the top ten below or skip to the end to see the rankings for all 83 places.

Summary: The Wealthiest Places In Iowa For 2023

Like we said earlier, when we set out to identify the richest places in Iowa, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Iowa.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in Iowa, according to data:

Poorest: Centerville
2nd Poorest: Denison
3rd Poorest: Keokuk

For more Iowa reading, check out:

Detailed List Of The Richest Cities In Iowa

Rank City RichScore Median Income
1 Bondurant 6.0 $106,821
2 Sioux Center 8.33 $80,955
3 Pella 9.0 $80,270
4 Clive 10.0 $114,905
5 Eldridge 10.0 $74,949
6 North Liberty 11.0 $96,351
7 Asbury 11.33 $101,818
8 Waukee 11.67 $101,138
9 Ankeny 11.67 $92,959
10 Polk City 12.67 $141,548
11 Urbandale 13.0 $100,589
12 Norwalk 15.67 $91,610
13 Johnston 17.67 $93,363
14 West Des Moines 18.33 $76,564
15 Boone 19.0 $61,997
16 Bettendorf 19.67 $89,375
17 Independence 21.67 $64,397
18 Coralville 21.67 $67,474
19 Le Mars 22.0 $69,476
20 Windsor Heights 22.33 $79,073
21 Spirit Lake 24.67 $56,490
22 Winterset 25.67 $62,382
23 Nevada 26.67 $64,198
24 Orange City 27.67 $73,221
25 Clear Lake 28.33 $61,036
26 Marion 28.67 $75,927
27 Indianola 29.33 $67,206
28 Altoona 31.0 $83,514
29 Adel 31.33 $67,440
30 Waverly 33.33 $70,688
31 Decorah 34.33 $55,480
32 Grimes 34.67 $90,456
33 Sheldon 35.67 $61,369
34 Mount Pleasant 36.33 $54,983
35 Manchester 37.33 $53,487
36 Pleasant Hill 37.67 $76,371
37 Cedar Rapids 38.0 $63,170
38 Knoxville 39.0 $52,125
39 Mason City 40.0 $56,009
40 Washington 40.33 $55,757
41 Carroll 40.67 $51,443
42 Glenwood 41.33 $66,691
43 Estherville 41.67 $53,404
44 Webster City 43.0 $54,413
45 Cedar Falls 43.33 $66,838
46 Dubuque 46.0 $58,691
47 Sioux City 47.0 $59,435
48 Atlantic 47.0 $50,227
49 Iowa Falls 47.33 $45,896
50 Council Bluffs 47.67 $57,683
51 Algona 52.0 $49,313
52 Muscatine 52.33 $54,577
53 Hiawatha 52.67 $58,620
54 Des Moines 53.33 $58,444
55 Fort Dodge 53.67 $50,409
56 Davenport 54.0 $56,315
57 Osceola 54.0 $55,149
58 Marshalltown 54.67 $57,367
59 Storm Lake 56.67 $49,375
60 Cherokee 57.0 $48,559
61 Newton 58.0 $51,026
62 Creston 58.0 $48,407
63 Oelwein 61.33 $38,325
64 Oskaloosa 62.0 $54,216
65 Grinnell 63.33 $49,045
66 Spencer 63.33 $45,313
67 Iowa City 64.67 $51,925
68 Ottumwa 65.0 $48,198
69 Clinton 65.33 $50,154
70 Clarinda 66.33 $47,154
71 Red Oak 66.67 $48,533
72 Waterloo 66.67 $49,430
73 Fort Madison 66.67 $45,713
74 Burlington 66.67 $48,013
75 Maquoketa 67.67 $51,958
76 Charles City 68.0 $44,775
77 Perry 68.33 $53,283
78 Ames 68.67 $54,339
79 Fairfield 69.33 $43,006
80 Anamosa 72.0 $48,750
81 Keokuk 78.67 $44,770
82 Denison 80.33 $45,204
83 Centerville 81.0 $39,447

How Is The Area In ?

Editor’s Note: Data has been updated for 2023. This is our tenth time ranking the richest cities in Iowa.

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.