U.S. GDP RANK #32 · IA 0.89% OF U.S. GDP
Iowa Economy: GDP, Income, Jobs & Housing
In 2025, Iowa (IA) generated $271.9 billion in nominal Gross Domestic Product (0.89% of the U.S. economy, ranked #32 nationwide) and $204.9 billion in real chained 2017 dollars. Per-capita personal income stood at $67,321 across a resident population of 3.24 million.
2025 Nominal GDP
$271.9B
U.S. Rank #32
Real GDP Growth
+-0.43% 5Y Real: +10.7%
Per-Capita Income $67,321 BEA Personal Income
Avg Wage / Job $62,482 2.12M total jobs
Population 3.24M
10Y: +3.3%
5Y Home Price
+43.4% FHFA Index: 454.1
BEA & FHFA REGIONAL SERIES · 1997-2025
Iowa GDP, Per-Capita Income & House Price Trajectory
Iowa Historical Economic Ledger (1997-2025)
| Year | Nominal GDP ($B) | Real GDP ($B) | Real YoY % | Per-Capita Inc | Avg Wage/Job | Jobs (M) | FHFA HPI |
|---|---|---|---|---|---|---|---|
| 2025 | $271.9B | $204.9B | -0.43% | $67,321 | $62,482 | 2.12M | 454.1 |
| 2024 | $265.1B | $205.7B | 1.12% | $64,920 | $60,496 | 2.12M | 436.7 |
| 2023 | $255.5B | $203.5B | 0.57% | $62,669 | $58,309 | 2.12M | 415.6 |
| 2022 | $242.9B | $202.3B | 1.70% | $61,343 | $56,255 | 2.11M | 391.0 |
| 2021 | $220.8B | $198.9B | 7.45% | $58,306 | $53,284 | 2.07M | 346.4 |
| 2020 | $197.4B | $185.1B | -1.73% | $52,677 | $51,163 | 2.02M | 316.7 |
| 2019 | $196.3B | $188.4B | -0.40% | $49,670 | $47,728 | 2.08M | 306.6 |
| 2018 | $193.2B | $189.1B | 1.07% | $48,745 | $46,651 | 2.08M | 297.0 |
| 2017 | $187.1B | $187.1B | 0.21% | $46,725 | $45,256 | 2.06M | 286.9 |
| 2016 | $183.8B | $186.7B | 0.40% | $45,624 | $43,920 | 2.07M | 276.6 |
| 2015 | $181.5B | $186.0B | 3.15% | $45,389 | $43,061 | 2.06M | 267.4 |
| 2014 | $173.7B | $180.3B | 5.40% | $44,061 | $41,768 | 2.04M | 259.0 |
| 2013 | $162.4B | $171.1B | 0.09% | $42,953 | $40,185 | 2.02M | 254.0 |
| 2012 | $158.6B | $170.9B | 3.87% | $42,499 | $39,576 | 1.99M | 250.1 |
| 2011 | $149.0B | $164.6B | 1.84% | $40,805 | $38,268 | 1.98M | 247.3 |
| 2010 | $142.5B | $161.6B | 3.10% | $38,106 | $37,248 | 1.95M | 248.0 |
| 2009 | $137.1B | $156.7B | -2.33% | $37,196 | $36,389 | 1.96M | 249.7 |
| 2008 | $137.7B | $160.5B | -1.45% | $38,490 | $36,227 | 2.00M | 249.8 |
| 2007 | $137.6B | $162.8B | 4.58% | $36,366 | $35,142 | 1.99M | 248.7 |
| 2006 | $127.7B | $155.7B | 1.35% | $34,197 | $33,556 | 1.97M | 243.3 |
| 2005 | $122.9B | $153.6B | 3.06% | $32,411 | $32,357 | 1.93M | 237.1 |
| 2004 | $117.1B | $149.1B | 8.43% | $31,615 | $31,474 | 1.90M | 226.0 |
| 2003 | $105.3B | $137.5B | 4.92% | $29,344 | $30,142 | 1.87M | 216.1 |
| 2002 | $98.7B | $131.0B | 2.31% | $28,804 | $29,016 | 1.88M | 208.5 |
| 2001 | $94.9B | $128.1B | -0.96% | $28,145 | $28,242 | 1.90M | 201.1 |
| 2000 | $93.1B | $129.3B | 4.56% | $27,341 | $27,347 | 1.92M | 191.1 |
| 1999 | $87.8B | $123.7B | 2.19% | $25,705 | $26,416 | 1.90M | 183.6 |
| 1998 | $84.6B | $121.0B | 0.66% | $25,198 | $25,456 | 1.88M | 176.0 |
| 1997 | $82.8B | $120.2B | - | $24,180 | $24,203 | 1.84M | 167.8 |