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Iowa State Facts

Autos Drive Iowa Forward

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Economic Insights

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

Industry Impact

68.5K
68.5 Thousand total auto jobs in Iowa
3.22%
3.22% depend on the auto industry for jobs
$7.35B
$7.35 Billion gross state product
3.00%
3.00% state GDP
$4.24B
Total Labor Income Annually
$5.56B
Total Car Sales in 2024
121.7K
Total New Cars Sold in 2024
Industry Impact and Tax Revenue: Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2023 data year; compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility, sales figures represent new vehicle registrations between January 1, 2024 - December 31, 2024. New vehicle sales revenue derived from NADA Data.

Tax Revenue

$548.85M
in state tax revenue
4.20%
% of state tax revenue
$277.77M
new vehicle sales taxes
$162.5M
used vehicle sales taxes
$80.44M
sales tax on auto parts and services
$1.49B
vehicle use taxes (including gas taxes), licenses and fees
$19.26M
corporate profits tax
$303.51M
federal income taxes

Registrations

3.25M
Registered

By Body Style

  • Cars 849,433 (26.20%)
  • UVs 1,194,943 (36.80%)
  • Pickups 910,001 (28.00%)
  • Vans/Minivans 206,174 (6.40%)

By Powertrain

  • ICE / Hybrid 3,228,314 (99.40%)
  • Electric 11,347 (0.30%)
  • Plug-In Hybrid 7,169 (0.20%)
  • Fuel Cell 2 (0.00%)
The Iowa average age of vehicles is 13.9 years; The national average is 12.2.
Registration figures compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility as of December 31, 2024; new purchase figures compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility representing new vehicle registrations between January 1, 2024 - December 31, 2024.

New Purchases

121.7K
Vehicles Sold

By Body Style

  • Cars 11,973 (9.80%)
  • UVs 69,305 (56.90%)
  • Pickups 34,743 (28.50%)
  • Vans/Minivans 5,695 (4.70%)

By Powertrain

  • ICE / Hybrid 117,174 (96.30%)
  • Electric 3,269 (2.70%)
  • Plug-In Hybrid 1,277 (1.00%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 31.5K 31.5 Thousand Total Exports
  • 184.25M 184.25 Million Total Imports

Economic Activity from 2024

  • 10.1K 10.1 Thousand Total Exports
  • 107.2K 107.2 Thousand Total Imports

Top Export Countries

  • United Arab Emirates United Arab Emirates
  • - -
  • - -
Compiled by Powerbase Associates with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2024 - December 31, 2024.

Fueling

  • Gasoline Stations 1,669
  • EV Level 2 Charging Ports 605
  • EV Level 2 Charging Stations 303
  • EV DC Fast Charging Ports 411
  • EV DC Fast Charging Stations 136
Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy’s Alternative Fuels Data Center, figures represent fueling data as of January 1, 2025.
Consumers
$71.4K
Median Household Income
71.80%
Owner Occupied Housing
28.20%
Rental Occupied Housing
88.40%
Owner Occupied Single Family Homes

Commuting to Work

  • Drive Alone to Work (76.20%)
  • Carpool to Work (8.20%)
  • Take Public Transportation (0.80%)
  • Work From Home (10.48%)
  • Other (4.30%)

Housing Type

  • Single Family Home (72.10%)
  • 1-Unit (5.10%)
  • 2-4 Units (5.30%)
  • 5-9 Units (3.60%)
  • 10-19 Units (4.10%)
  • 20+ Units (6.90%)
  • Mobile / RV / Boat (3.00%)
Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau’s American Community Survey 2023.

Automaker’s Facilities

Honda Location Employees
American Honda Motor Co., Inc. Parts Center Davenport, IA
Magna Location Employees
Magna Operations IA 289
Magna Operations IA 280