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Walcott: Economy & Jobs

Walcott reports a median household income of $78,580 (about the same as Scott County median $78,277; about the same as Iowa median $75,059), with homes at a median value of $190,300. The surrounding county supports 21,234 jobs (avg $63,594).

Income & Affordability

Median household income $78,580 — above the Iowa median ($66,270). Poverty rate 6.6% (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 Income2.4×
Affordability · Home Affordabilityaffordable
Affordability · Rent Pct Income11.9%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened26.4%
Affordability · Poverty Rate6.6%
Affordability · Property Tax Pct Income3.1%
Irs Income · IRS tax returns filed$20,170
Irs Income · Total Adjusted Gross Income (thousands)$1,437,962
Irs Income · Average AGI per return$71,292 (vs Iowa $84,771)
Irs Income · Year2022
Income Estimate$94,301
Median Household Income$78,580 (vs Iowa $66,270)
Poverty Rate6.6%

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 IndustryManufacturing
Economic Character · Income Levelupper-middle
Economic Character · Median Income$78,580

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 2.5% — below the U.S. average of ~4%. 7% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min19.70
Commuter Profile · Work From Home Pct7.1%
Commuter Profile · Profileshort commute
Employment · Avg annual employment (county)21,234
Employment · Total annual wages (county)$1,350,337,703
Employment · Average annual pay$63,594
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 Rate2.5% (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 Farms239
Agriculture · Land In Farms Acres12,106
Agriculture · Avg Farm Size Acres50.70
Agriculture · Top CommoditiesCrop Totals, Grain, Corn, Animal Totals, Soybeans
Agriculture · Year2022
Business Patterns · Establishments (employer count)942
Business Patterns · Total Employees20,774
Business Patterns · Annual Payroll Thousands1,216,204
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 Stores5
Local Businesses · Convenience Stores6
Local Businesses · Gas Stations23
Local Businesses · General Merchandise9
Local Businesses · New Car Dealers9
Local Businesses · Used Car Dealers6
Local Businesses · Beauty Salons5
Local Businesses · Pet Grooming3

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 Restaurants33
Dining Scene · Fast Food39
Dining Scene · Bars10
Dining Scene · Coffee Snacks9

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)

First Trust and Savings Bank
FIRST TRUST AND SAVINGS BANK - WALCOTT BRANCH · 123 W Walcott Rd · 52773
CBI Bank & Trust
WALCOTT BRANCH · 101 W Bryant St · 52773

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 (4)

Casey's General Store 1922
Convenience Store · 780 N Main St
Pilot Travel Center 268
Convenience Store · 2975 N Plainview Rd
Dollar General 18154
Other · 1113 N Main St
Pilot Travel Center 43
Convenience Store · 3500 N Plainview Rd
Nearest Snap · NameCasey's General Store 1922
Nearest Snap · Total In Area4

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 · NameGREATER MUSCATINE CHAMBER OF COMMERCE AND INDUSTRY

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$279,329,387
Federal Spending · Per Capita6,460.72 (vs Iowa $7,013)
Federal Spending · Population43,235 people (vs Iowa 24,827)

Sources: USAspending API

Other

Pct Drove Alone83.5%
Pct Public Transit2.7%
Pct Walked7.1%
Retirement Score · Median age43.5 years (vs Iowa 37.3y)
Retirement Score · Ss Household Pct33.5%
Retirement Score · Hospitals Nearby1
Retirement Score · Va AccessYes
Retirement Score · Factorsolder population, strong SS base, hospital access, VA nearby
Retirement Score · Ratingexcellent

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