Everything You Need to Know About the City of Cedar Rapids Iowa

In 2017, Cedar Rapids, Iowa had a population of 130k people with a median age of 36 and a median household income of $56,828. Between 2016 and 2017 the population of Cedar Rapids, IA grew from 129,537 to 130,330, a 0.612% increase and its median household income grew from $55,359 to $56,828, a 2.65% increase.

The population of Cedar Rapids, IA is 83.6% White Alone, 6.2% Black or African American Alone, and 3.81% Hispanic or Latino. N/A% of the people in Cedar Rapids, IA speak a non-English language, and 96.8% are U.S. citizens.

The largest universities in Cedar Rapids, IA are Kirkwood Community College (2,303 degrees awarded in 2017), Mount Mercy University (619 degrees), and Coe College (463 degrees).

The median property value in Cedar Rapids, IA is $138,500, and the homeownership rate is 69.6%. Most people in Cedar Rapids, IA commute by Drove Alone, and the average commute time is 17.2 minutes. The average car ownership in Cedar Rapids, IA is 2 cars per household.

 

Education in Cedar Rapids

In 2017, universities in Cedar Rapids, IA awarded 3,696 degrees. The student population of Cedar Rapids, IA is skewed towards women, with 7,957 male students and 9,971 female students.

Most students graduating from Universities in Cedar Rapids, IA are White (2,938 and 81%), followed by Unknown (193 and 5.32%), Black or African American (192 and 5.3%), and Hispanic or Latino (141 and 3.89%).

The largest universities in Cedar Rapids, IA by the number of degrees awarded are Kirkwood Community College (2,303 and 62.3%), Mount Mercy University (619 and 16.7%), and Coe College (463 and 12.5%).

The most popular majors in Cedar Rapids, IA are Liberal Arts & Sciences (918 and 24.8%), Registered Nursing (342 and 9.25%), and General Business Administration & Management (244 and 6.6%).

The median tuition costs in Cedar Rapids, IA is $36,236 for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Cedar Rapids

The economy of Cedar Rapids, IA employs 70.3k people and Cedar Rapids has an unemployment rate of 3.0%. Cedar Rapids has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%. The largest industries in Cedar Rapids, IA are Manufacturing (11,082 people), Health Care & Social Assistance (9,511 people), and Retail Trade (9,445 people), and the highest paying industries are Management of Companies & Enterprises ($90,032), Mining, Quarrying, & Oil & Gas Extraction ($81,250), and Utilities ($74,770).

Households in Cedar Rapids, IA have a median annual income of $56,828, which is less than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $55,359 in 2016, which represents a 2.65% annual growth.

 

Tax Rates for Cedar Rapids

– The Sales Tax Rate for Cedar Rapids is 7.0%. The US average is 7.3%.

– The Income Tax Rate for Cedar Rapids is 9.0%. The US average is 4.6%.

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Cedar Rapids

– The average income of a Cedar Rapids resident is $29,506 a year. 

– The Median household income of a Cedar Rapids resident is $54,465 a year.