2014 HUD Median Income for Iowa Counties

Man with pockets turned inside out
Median household income is used for a variety of reasons, including defining eligibility for low to moderate mortgage loans; identified as CRA (Community Reinvestment Act). Fannie Mae and Freddie Mac each have a special mortgage program that is partially dependent on the household median income (i.e. Home Possible Mortgage and the My Community Mortgage). If you’re searching for a mortgage and your household income is at or lower than  the amounts listed below, mention this to the lender or mortgage broker. The benefit may be a lower down payment, closing cost assistance, grant money, cheaper interest rate or reduced mip/pmi.

The U.S. Census Bureau defines median household income as follows:
“Median income is the amount which divides the income distribution into two equal groups, half having income above that amount, and half having income below that amount. Mean income (average) is the amount obtained by dividing the total aggregate income of a group by the number of units in that group. The means and medians for households and families are based on all households and families. Means and medians for people are based on people 15 years old and over with income”

2014 Iowa Median Income

Iowa County MSA Area Median Income
ADAIRNON METRO AREA $60,100
ADAMSNON METRO AREA $59,600
ALLAMAKEENON METRO AREA $59,600
APPANOOSENON METRO AREA $59,600
AUDUBONNON METRO AREA $59,600
BENTONCedar Rapids, IA $74,500
BLACK HAWKWaterloo-Cedar Falls, IA $61,900
BOONENON METRO AREA $72,000
BREMERWaterloo-Cedar Falls, IA $61,900
BUCHANANNON METRO AREA $66,700
BUENA VISTANON METRO AREA $59,600
BUTLERNON METRO AREA $62,200
CALHOUNNON METRO AREA $59,600
CARROLLNON METRO AREA $66,200
CASSNON METRO AREA $59,600
CEDARNON METRO AREA $69,100
CERRO GORDONON METRO AREA $63,600
CHEROKEENON METRO AREA $61,400
CHICKASAWNON METRO AREA $59,600
CLARKENON METRO AREA $59,600
CLAYNON METRO AREA $60,600
CLAYTONNON METRO AREA $59,600
CLINTONNON METRO AREA $66,100
CRAWFORDNON METRO AREA $59,600
DALLASDes Moines-West Des Moines, IA $74,900
DAVISNON METRO AREA $59,600
DECATURNON METRO AREA $59,600
DELAWARENON METRO AREA $63,600
DES MOINESNON METRO AREA $59,600
DICKINSONNON METRO AREA $63,800
DUBUQUEDubuque, IA $70,600
EMMETNON METRO AREA $59,600
FAYETTENON METRO AREA $59,600
FLOYDNON METRO AREA $59,600
FRANKLINNON METRO AREA $59,600
FREMONTNON METRO AREA $63,500
GREENENON METRO AREA $64,000
GRUNDYWaterloo-Cedar Falls, IA $61,900
GUTHRIEDes Moines-West Des Moines, IA $74,900
HAMILTONNON METRO AREA $64,500
HANCOCKNON METRO AREA $60,800
HARDINNON METRO AREA $64,300
HARRISONOmaha-Council Bluffs, NE-IA $73,000
HENRYNON METRO AREA $59,600
HOWARDNON METRO AREA $59,600
HUMBOLDTNON METRO AREA $61,700
IDANON METRO AREA $63,800
IOWANON METRO AREA $71,200
JACKSONNON METRO AREA $59,600
JASPERNON METRO AREA $62,100
JEFFERSONNON METRO AREA $62,200
JOHNSONIowa City, IA $77,200
JONESCedar Rapids, IA $74,500
KEOKUKNON METRO AREA $59,600
KOSSUTHNON METRO AREA $65,400
LEENON METRO AREA $59,600
LINNCedar Rapids, IA $74,500
LOUISANON METRO AREA $59,900
LUCASNON METRO AREA $59,600
LYONNON METRO AREA $61,900
MADISONDes Moines-West Des Moines, IA $74,900
MAHASKANON METRO AREA $63,900
MARIONNON METRO AREA $69,100
MARSHALLNON METRO AREA $59,700
MILLSOmaha-Council Bluffs, NE-IA $73,000
MITCHELLNON METRO AREA $67,400
MONONANON METRO AREA $59,600
MONROENON METRO AREA $59,600
MONTGOMERYNON METRO AREA $59,600
MUSCATINENON METRO AREA $65,800
O'BRIENNON METRO AREA $63,100
OSCEOLANON METRO AREA $64,400
PAGENON METRO AREA $59,600
PALO ALTONON METRO AREA $61,000
PLYMOUTHSioux City, IA-NE-SD $73,600
POCAHONTASNON METRO AREA $59,600
POLKDes Moines-West Des Moines, IA $74,900
POTTAWATTAMIEOmaha-Council Bluffs, NE-IA $73,000
POWESHIEKNON METRO AREA $69,600
RINGGOLDNON METRO AREA $59,600
SACNON METRO AREA $59,700
SCOTTDavenport-Moline-Rock Island, IA-IL $62,800
SHELBYNON METRO AREA $59,800
SIOUXNON METRO AREA $66,000
STORYAmes, IA $75,100
TAMANON METRO AREA $59,600
TAYLORNON METRO AREA $59,600
UNIONNON METRO AREA $59,600
VAN BURENNON METRO AREA $59,600
WAPELLONON METRO AREA $59,600
WARRENDes Moines-West Des Moines, IA $74,900
WASHINGTONIowa City, IA $77,200
WAYNENON METRO AREA $59,600
WEBSTERNON METRO AREA $59,600
WINNEBAGONON METRO AREA $64,700
WINNESHIEKNON METRO AREA $66,100
WOODBURYSioux City, IA-NE-SD $58,500
WORTHNON METRO AREA $61,600
WRIGHTNON METRO AREA $59,600