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Economy Profile

Black Hawk County

  • Iowa State
  • October, 2024
TSAC-CFD-19013

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 9635198
AVG Real Growth (2017-2022)
0.88 %
Unemployment Rate (May, 2024)
3.9 %
Labor Force Size
66486
Number of Businesses
3916
Average Annual Wage
$ 59073

Economy Structure

Population & Household section gives reader an outlook. of general population profile, structure, and outlook.

GDP

GDP (2022, Thousands)
$ 9635198
GDP Per Capita
$ 73528
GDP Growth Rate (2022)
-3 %
Average Growth Rate (2017-2022)
0.88 %
Goods Producing Contribution (%)
33.6%
Service Providing Contribution (%)
56.5%
Goverment Contribution
9.9%
GDP Historical Growth Rate
Source: Bureau of Economic Analysis | CAGDP2, CAGDP11
GDP by Sectors
Source: Bureau of Economic Analysis | CAGDP2, CAGDP11
GDP Growth by Sectors
Source: Bureau of Economic Analysis | CAGDP11

Monthly Employment

Total Labor Force
66486
Labor Force Growth
-1.34%
Unemployment
2622
Unemployment Rate
3.9%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
78.1%
Employment Rate (with Bachelor's Degree)
87.5%
Employment Rate (75+ y.o.)
5.9%
Employment Rate (Black)
57.1%
Employment Rate (Female)
75.1%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
3916
Number of Employment
72075
Annual Average Wages
$ 59073
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 84998
Service-providing (avg pay)
$ 49391
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 62329
Household Income (Median)
$ 85130
Per Capita Income
$ 35400
Per Capita Income Growth (2010-2022)
51.6 %
Gini Index
0.4644*
Poverty Rate
15.7 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov