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West Bend: Economy & Jobs

Households in West Bend earn a median $86,154 (1.2× higher than Palo Alto County median $72,781; 1.1× higher than Iowa median $75,059), with homes at a median value of $159,700. The surrounding county supports 6,565 jobs (avg $52,766).

Income & Affordability

Median household income $86,154 — above the Iowa median ($66,270). Poverty rate 7.4% (U.S. average ~12.5%). 26% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income1.9×
Affordability · Home Affordabilityaffordable
Affordability · Rent Pct Income7.6%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened25.6%
Affordability · Poverty Rate7.4%
Affordability · Property Tax Pct Income2.1%
Irs Income · IRS tax returns filed$7,060
Irs Income · Total Adjusted Gross Income (thousands)$558,469
Irs Income · Average AGI per return$79,103 (vs Iowa $84,771)
Irs Income · Year2022
Income Estimate$96,045
Median Household Income$86,154 (vs Iowa $66,270)
Poverty Rate7.4%

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 · Workforcemixed
Economic Character · Top IndustryAgriculture
Economic Character · Income Levelupper-middle
Economic Character · Median Income$86,154

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 1.9% — below the U.S. average of ~4%. 4% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min12.30
Commuter Profile · Work From Home Pct3.7%
Commuter Profile · Profilelive-work community
Employment · Avg annual employment (county)6,565
Employment · Total annual wages (county)$346,393,424
Employment · Average annual pay$52,766
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 Rate1.9% (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 Farms459
Agriculture · Land In Farms Acres98,043
Agriculture · Avg Farm Size Acres213.60
Agriculture · Top CommoditiesCrop Totals, Grain, Corn, Animal Totals, Hogs
Agriculture · Year2022
Business Patterns · Establishments (employer count)538
Business Patterns · Total Employees5,387
Business Patterns · Annual Payroll Thousands257,501
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 Stores7
Local Businesses · Gas Stations10
Local Businesses · General Merchandise3
Local Businesses · Beauty Salons4
Local Businesses · Auto Repair14
Local Businesses · Funeral Homes7
Local Businesses · Commercial Banks17
Local Businesses · Insurance Agencies14

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 Restaurants20
Dining Scene · Fast Food8

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 (2)

Farmers State Bank
WEST BEND BRANCH · 324 S Broadway Ave · 50597
West Iowa Bank
West Iowa Bank · 319 S Broadway Ave · 50597

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 (2)

Kampen Foods
Grocery Store · 113 S Broadway Ave
CASEY'S 1541
Convenience Store · 316 2nd Ave NE
Nearest Snap · NameKampen Foods
Nearest Snap · Total In Area2

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$109,897,869
Federal Spending · Per Capita7,411.51 (vs Iowa $7,013)
Federal Spending · Population14,828 people (vs Iowa 24,827)

Sources: USAspending API

Other

Pct Drove Alone77.5%
Pct Public Transit4.8%
Pct Walked3.7%
Retirement Score · Median age35.6 years (vs Iowa 37.3y)
Retirement Score · Ss Household Pct40.0%
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