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Sheldahl: Economy & Jobs

$80,938 is the median household income in Sheldahl (1.2× higher than Story County median $69,685; 1.1× higher than Iowa median $75,059), with homes at a median value of $184,700. The surrounding county supports 8,930 jobs (avg $53,922).

Income & Affordability

Median household income $80,938 — above the Iowa median ($66,270). Poverty rate 5.1% (U.S. average ~12.5%). 67% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income2.3×
Affordability · Home Affordabilityaffordable
Affordability · Rent Pct Income17.8%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened66.7%
Affordability · Poverty Rate5.1%
Affordability · Property Tax Pct Income3.4%
Irs Income · IRS tax returns filed$12,600
Irs Income · Total Adjusted Gross Income (thousands)$978,274
Irs Income · Average AGI per return$77,641 (vs Iowa $84,771)
Irs Income · Year2022
Income Estimate$76,917
Median Household Income$80,938 (vs Iowa $66,270)
Poverty Rate5.1%

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 IndustryEducation Healthcare
Economic Character · Income Levelupper-middle
Economic Character · Median Income$80,938

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 9.0% — above the U.S. average of ~4%. 15% work from home (U.S. average ~15%).

Commuter Profile · Work From Home Pct15.2%
Commuter Profile · Primary Modedrove alone
Employment · Avg annual employment (county)8,930
Employment · Total annual wages (county)$481,541,084
Employment · Average annual pay$53,922
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 Rate9.0% (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 Farms30
Agriculture · Land In Farms Acres15,699
Agriculture · Avg Farm Size Acres523.30
Agriculture · Top CommoditiesCrop Totals, Grain, Corn, Soybeans, Animal Totals
Agriculture · Year2022
Business Patterns · Establishments (employer count)600
Business Patterns · Total Employees6,708
Business Patterns · Annual Payroll Thousands329,539
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 Stations10
Local Businesses · General Merchandise5
Local Businesses · Beauty Salons4
Local Businesses · Pet Grooming4
Local Businesses · Auto Repair9
Local Businesses · Funeral Homes3
Local Businesses · Real Estate Offices16

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 Restaurants11
Dining Scene · Fast Food6
Dining Scene · Bars4
Dining Scene · Coffee Snacks8

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)

VISIONBANK OF IOWA
CITY STATE BANK BRANCH · 217 W Mulberry St · 50212
Boone Bank & Trust Co.
PARKING LOT BRANCH · 1326 South Story Street · 50036
U.S. Bank National Association
BOONE BRANCH · 724 Story St · 50036
City State Bank
MADRID BRANCH · 105 E 2nd St · 50156
United Bank of Iowa
BOONE BRANCH · 1609 Hawkeye Dr · 50036
Security Savings Bank
BOXHOLM BRANCH · 200 2nd St · 50040
BMO Bank National Association
BOONE BRANCH · 717 8th St · 50036
Peoples Bank
BOONE BRANCH - 1212 HAWKEYE DRIVE · 1212 Hawkeye Drive · 50036

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 (3)

Casey's General Store 2448
Convenience Store · 102 W Veterans Dr
Fareway Stores Inc. 229
Super Store · 302 W Walnut St
DOLLAR GENERAL 19567
Other · 625 E Walnut St
Nearest Snap · NameCasey's General Store 3251
Nearest Snap · Distance4.8 mi

Sources: USDA SNAP — nearest by coordinates

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 · NameBOONE 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$167,709,242
Federal Spending · Per Capita6,277.72 (vs Iowa $7,013)
Federal Spending · Population26,715 people (vs Iowa 24,827)

Sources: USAspending API

Other

Pct Drove Alone77.8%
Pct Walked15.2%
Retirement Score · Median age36.0 years (vs Iowa 37.3y)
Retirement Score · Ss Household Pct20.2%
Retirement Score · Hospitals Nearby1
Retirement Score · Va AccessYes
Retirement Score · Factorshospital access, VA nearby
Retirement Score · Ratingfair

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