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Pella: Economy & Jobs

Pella reports a median household income of $84,111 (1.1× higher than Marion County median $78,680; 1.1× higher than Iowa median $75,059), with homes at a median value of $292,700. The surrounding county supports 7,887 jobs (avg $55,503).

Income & Affordability

Median household income $84,111 — above the Iowa median ($66,270). Poverty rate 6.0% (U.S. average ~12.5%). 37% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income3.5×
Affordability · Home Affordabilitymoderate
Affordability · Rent Pct Income14.9%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened36.6%
Affordability · Poverty Rate6.0%
Affordability · Property Tax Pct Income4.4%
Irs Income · IRS tax returns filed$9,650
Irs Income · Total Adjusted Gross Income (thousands)$705,838
Irs Income · Average AGI per return$73,144 (vs Iowa $84,771)
Irs Income · Year2022
Income Estimate$92,529
Median Household Income$84,111 (vs Iowa $66,270)
Poverty Rate6.0%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcewhite_collar
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelupper-middle
Economic Character · Median Income$84,111

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 0.8% — below the U.S. average of ~4%. 10% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min13.70
Commuter Profile · Work From Home Pct9.6%
Commuter Profile · Profilelive-work community
Employment · Avg annual employment (county)7,887
Employment · Total annual wages (county)$437,747,035
Employment · Average annual pay$55,503
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment1,544,760
Unemployment Rate0.8% (vs Iowa 2.6%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms8
Agriculture · Land In Farms Acres3,190
Agriculture · Avg Farm Size Acres398.80
Agriculture · Top CommoditiesCrop Totals, Grain, Animal Totals, Hogs, Corn
Agriculture · Year2022
Business Patterns · Establishments (employer count)538
Business Patterns · Total Employees6,505
Business Patterns · Annual Payroll Thousands303,172
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores4
Local Businesses · Gas Stations11
Local Businesses · General Merchandise4
Local Businesses · Electronics Stores4
Local Businesses · Used Car Dealers5
Local Businesses · Beauty Salons7
Local Businesses · Pet Grooming3
Local Businesses · Auto Repair7

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants9
Dining Scene · Fast Food12
Dining Scene · Coffee Snacks5

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (8)

MidWestOne Bank
PELLA BRANCH · 500 Oskaloosa St · 50219
Leighton State Bank
Leighton State Bank · 900 Washington St · 50219
MidWestOne Bank
PELLA 1 MAIN ST - BRANCH 07 · 700 Main St · 50219
Marion County State Bank
Marion County State Bank · 800 Main St · 50219
Bank Iowa
PELLA BRANCH · 640 Washington St · 50219
Washington State Bank
PELLA BRANCH · 703 Main St · 50219
Marion County State Bank
MOTOR BRANCH · 414 Main St · 50219
U.S. Bank National Association
PELLA BRANCH · 801 Broadway St · 50219

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

Git-N-Go 38
Convenience Store · 209 Oskaloosa St
Hy-Vee Food Store 1516
Super Store · 118 SE 9th St
Dollar General 23989
Other · 710 Liberty St
Fareway Stores Inc. 995
Super Store · 2010 Washington St
Walmart 751
Super Store · 1650 Washington St
Nearest Snap · NameGit-N-Go 38
Nearest Snap · Total In Area11

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameALGONA AREA CHAMBER OF COMMERCE

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$128,151,531
Federal Spending · Per Capita5,775.19 (vs Iowa $7,013)
Federal Spending · Population22,190 people (vs Iowa 24,827)

Sources: USAspending API

Other

Pct Drove Alone76.8%
Pct Public Transit7.9%
Pct Walked9.6%
Retirement Score · Median age35.2 years (vs Iowa 37.3y)
Retirement Score · Ss Household Pct35.1%
Retirement Score · Hospitals Nearby1
Retirement Score · Va AccessYes
Retirement Score · Factorsstrong SS base, hospital access, VA nearby
Retirement Score · Ratinggood

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12