Economy & Jobs — Ely, Iowa

Income & Employment

Median Household Income (Census)$105,882
Estimated 2026~$116,500
Per Capita Income$44,261
Poverty Rate2.4%
Unemployment Rate1.5%
In Labor Force1,215

Top Industries

IndustryShare
Education Healthcare32.9%
Manufacturing11.5%
Retail10.4%

Local Businesses (County)

TypeCount
Full Service Restaurants195
Fast Food162
Insurance Agencies128
Real Estate Offices98
Child Day Care97
Gas Stations90
Dental Offices87
Physician Offices80
Law Offices77
Commercial Banks73
Auto Repair69
Chiropractors61
Beauty Salons59
Coffee Shops51
Bars50
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.