Net Worth Percentile in Iowa City
Your national net worth ranking uses Federal Reserve SCF data and is the same wherever you live. But Iowa City’s cost of living is 18% below the national average (COL index: 82), which changes what your net worth actually buys.
Purchasing power in Iowa City
Based on BLS 2023 Consumer Expenditure Survey ($59,833/yr in Iowa City).
Iowa City — key figures
Calculate your net worth rank
Total assets (home equity, investments, retirement, savings) minus total debts (mortgage, loans, credit cards). Negative values are fine.
Frequently asked questions
What net worth puts you in the top 10% in Iowa City?
Nationally, the top 10% of Americans ages 45-54 have a net worth of roughly $1.7M or more. In Iowa City, where cost of living is 18% below the national average (COL index: 82), that $1.7M covers approximately 28.4 years of living expenses compared to 23.3 years at the national average.
How does Iowa City's cost of living affect my net worth ranking?
Iowa City has a cost of living index of 82 (US average = 100). Your national percentile ranking uses Federal Reserve SCF data and is the same regardless of where you live. But your purchasing power differs: $1M in Iowa City covers 16.7 years of average living expenses, versus 13.7 years at the national average.
What is the median household income in Iowa City?
The median household income in Iowa City is $121,400 per year. The national median household income is approximately $74,580 (Census ACS 2023).
What is the median home price in Iowa City?
The median home sale price in Iowa City metro area is approximately $304,700 (2024). For a household with $500K in net worth, that represents 164% of the median home price.
Other cities
Data: 2022 Federal Reserve Survey of Consumer Finances.
Scenario planner and 20yr projection at CalcMoney →