Economic Insights

See Auto Industry Impacts at the National, State, and Congressional District levels.

Every State is an Auto State

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State Facts

Autos Drive Iowa Forward

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60,906
60,906 Total Auto Jobs in Iowa
2.92%
2.92% is dependent on the Auto Industry for Jobs.
$3.12B
Total Labor Income Annually
$4.43B
Total Car Sales in 2018
131.2K
Total New Car Sold in 2018

Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2018 data year; compiled by Auto Alliance with data provided by IHS Markit, sales figures represent new vehicle registrations between January 1, 2018 - December 31, 2018.

Tax Revenue

$363M
Total State Tax revenue
3.6%
Percent of State Tax Revenue
$261.3M
New Vehicle Sales Taxes
$148.2M
Used Vehicle Sales Taxes
$58M
Sales Tax on Auto Parts and Services
$1.36B
Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
$6.4M
Corporate Profits Tax
$63.3M
State Income Taxes

Registrations

3,123,958

Registered

By Body Style

By Powertrain

The Iowa average age of vehicles is 12.92 years.

Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit as of December 31, 2018.

New Purchases

131,176

Vehicles Sold

By Body Style

By Powertrain

$317.4M
$317.4 Million Total Imports
$11.4K
$11.4 Thousand Total Exports
$38.2M
$38.2 Million Total Imports
$11.4K
$11.4 Thousand Total Exports
Compiled by Alliance for Automotive Innovation with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2018 - December 31, 2018.
Gasoline Stations 2094
Electric Charging Stations 126
Biodiesel Stations 9
Compressed Natural Gas Stations 9
Hydrogen Stations 0
Liquefied Natural Gas Stations 0
Liquefied Petroleum Gas Stations 34

$33,793

$33,793 Average MSRP Per New Car

$58,570

$58,570 Median Household Income

$4,881

$4,881 Median Monthly Household Income

$515

$515 Median Monthly New Car Payment

10.54%

10.54% Monthly Car Payment As A Percent Of Monthly Income (%)

Commuting to Work

Automakers' Facilities

Honda

Location Employees
Honda Parts Distribution Center Davenport 97