Story County · Iowa · Midwest · 68k residents
Ames, IA: economy, jobs & business costs
The site-selection read on Ames: labor costs, talent, corporate tax, energy, and business activity, with the Iowa median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,253/wk. Iowa's corporate income tax rate is 7.1%. Commercial electricity averages 10.2¢/kWh.
Compare Ames side by side
Avg. weekly wage
$1,253/wk
Corporate income tax
7.1%
Bachelor's degree or higher
65.8%
Commercial electricity
10.2¢/kWh
Economic momentum
How fast Ames's economy is moving, ranked against the US cities we track.
38/100
Steady
Ranks Ames's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $277,400 |
| Price per sq. ft. | $145 |
| Property tax rate | 1.5% |
| 1-bedroom rent | $927/mo |
| 2-bedroom rent | $1,030/mo |
| State & local income tax | 5.3% |
| Sales tax | 6.9% |
| Corporate income tax | 7.1% |
| Avg. weekly wage | $1,253/wk |
| Bachelor's degree or higher | 65.8% |
| Commercial electricity | 10.2¢/kWh |
| Businesses per 1k residents | 29.4/1k |
| Wage: Software developer | $129,440 |
| Wage: Registered nurse | $77,160 |
| Wage: General manager | $97,700 |
| Wage: Customer service | $42,820 |
| Wage: Warehouse worker | $36,240 |
| Wage: Heavy truck driver | $54,510 |
| Wage: Electrician | $63,320 |
| Wage: Retail salesperson | $32,460 |
| Cost of living index | 84 |
| Groceries index | 94 |
| Utilities | $150/mo |
| Transit pass | $48/mo |
| Gas price | $3.00/gal |
| Healthcare index | 94 |
| Childcare (per child) | $950/mo |
| Median household income | $60,991 |
| Unemployment rate | 3% |
| Population | 68k |
| Crime index | 38/100 |
| School rating | 6.5/10 |
| Walkability | 34/100 |
| Disaster risk | 69/100 |
| Avg. commute | 19 min |
| Sunny days / year | 200 days |
| July high | 84°F |
| January low | 11°F |
| Annual snowfall | — |
| Home price YoY | +2.6% |
| Home price MoM | +0.1% |
| Rent YoY | +1.8% |
| Rent MoM | -0.1% |
| Employment (jobs) YoY | -1.1% |
| Building permits YoY | +18.6% |
| Ocean coast | 840 mi |
| Big lake | 200 mi |
| Mountains | 345 mi |
| Major airport | 35 mi |
| Ski resort | 282 mi |
Popular comparisons
Nearby
- Ankeny, IA · 73k
- Grimes, IA · 16k
- Johnston, IA · 24k
- Altoona, IA · 21k
- Urbandale, IA · 47k
Similar size
- Waterloo, IA · 67k
- West Des Moines, IA · 71k
- Council Bluffs, IA · 63k
- Iowa City, IA · 76k
- Dubuque, IA · 59k
Real listings in Ames
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Ames a good place to run a business?
- Iowa's corporate income tax rate is 7.1%; average weekly wages in the surrounding labor market run $1,253/wk; commercial electricity averages 10.2¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Ames, IA?
- Ames indexes at 84 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,030/mo and a acs median home value of $277,400.
- How much does a house cost in Ames?
- The acs median home value in Ames is $277,400 (Census ACS estimate; individual listings vary).
- How much is rent in Ames?
- A two-bedroom in Ames rents for about $1,030/mo.