Cedar Falls, IA
Population 40,662 · Iowa
About Cedar Falls, IA
Cedar Falls is a mid-sized city in Iowa with a population of 40,662 residents. The median household income is $74,165 per year, which is above the national average. The median age in Cedar Falls is 29.8 years.
Housing in Cedar Falls has a median home value of $252,500 and median monthly rent of $1,177. Of the 16,612 total housing units, the majority are owner-occupied, with 9,746 owner-occupied and 5,833 renter-occupied units.
The unemployment rate in Cedar Falls is 3.2% and the poverty rate is 15.6%. 49.2% of residents hold a bachelor's degree or higher. The average commute time is 13.9 minutes.
How Cedar Falls Ranks in Iowa
Cost of Living in Cedar Falls, IA
Compared to national averages, Cedar Falls has a median household income of $74,165 (1% below the national median of $75,149). Home values average $252,500, which is 3% above the national median. Monthly rent at $1,177 is 1% above the US average of $1,163. Within Iowa, Cedar Falls's income is 9% above the state average of $67,947, and home values are 91% above the state median of $132,237.
Why Live in Cedar Falls, IA?
Cedar Falls offers a strong job market with an unemployment rate of just 3.2%, and a well-educated community where 49.2% of residents hold a bachelor’s degree or higher, and short commute times averaging just 13.9 minutes.
Potential considerations include median household income ($74,165) that falls below the national average. However, Cedar Falls’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cedar Falls has a population of 40,662 with a median age of 29.8 years. Compare Cedar Falls with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Cedar Falls
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Marion | 41,690 | $87,105 | $230,800 | Compare |
| Bettendorf | 39,297 | $102,917 | $295,600 | Compare |
| Urbandale | 46,026 | $113,086 | $318,800 | Compare |
| Marshalltown | 27,491 | $68,854 | $117,100 | Compare |
| Mason City | 27,135 | $62,369 | $130,000 | Compare |
| Waukee | 26,974 | $106,728 | $328,200 | Compare |
| Ottumwa | 25,352 | $56,994 | $92,400 | Compare |
| Fort Dodge | 24,788 | $61,769 | $128,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Cedar Falls
What is the population of Cedar Falls, IA?
The population of Cedar Falls, IA is 40,662 according to the latest Census data.
What is the median household income in Cedar Falls?
The median household income in Cedar Falls, IA is $74,165 per year.
What is the median home value in Cedar Falls?
The median home value in Cedar Falls, IA is $252,500.
What is the average rent in Cedar Falls?
The median monthly rent in Cedar Falls, IA is $1,177.
What is the unemployment rate in Cedar Falls?
The unemployment rate in Cedar Falls, IA is 3.2%.