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

  • Cars 1,170,774 (37.48%)
  • CUVs 555,838 (17.79%)
  • SUVs 328,177 (10.51%)
  • Pickups 832,037 (26.63%)
  • Vans/Minivans 237,132 (7.59%)

By Powertrain

  • Gas 2,969,790 (95.06%)
  • Diesel 118,301 (3.79%)
  • Hybrid 32,755 (1.05%)
  • Electric 1,089 (0.03%)
  • Plug-In Hybrid 2,023 (0.06%)

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

  • Cars 26,822 (20.45%)
  • CUVs 50,382 (38.41%)
  • SUVs 11,682 (8.91%)
  • Pickups 34,690 (26.45%)
  • Vans/Minivans 7,600 (5.79%)

By Powertrain

  • Gas 122,292 (93.23%)
  • Diesel 5,655 (4.31%)
  • Hybrid 2,312 (1.76%)
  • Electric 483 (0.37%)
  • Plug-In Hybrid 434 (0.33%)

Economic Activity From Past Decade

  • 11.4K 11.4 Thousand Total Imports
  • 317.4M 317.4 Million Total Imports

Economic Activity from 2018

  • 11.4K 11.4 Thousand Total Imports
  • 38.2M 38.2 Million Total Imports
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.