Economic Insights

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

Every State is an Auto State

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Congressional District 1

Autos Drive Iowa Forward

Industry Impact

13.7K
13.7 Thousand total auto jobs in Iowa
2.89%
2.89% depend on the auto industry for jobs
$677M
Total Labor Income Annually
$961.9M
Total Car Sales in 2018
28.7K
Total New Cars 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

$82.3M
total state tax revenue
$1.3M
corporate profits tax
$13.6M
state income taxes

Registrations

769.5K
Registered

By Body Style

  • Cars 291,346 (37.86%)
  • CUVs 139,453 (18.12%)
  • SUVs 77,256 (10.04%)
  • Pickups 202,431 (26.31%)
  • Vans/Minivans 58,971 (7.66%)

By Powertrain

  • Gas 733,029 (95.27%)
  • Diesel 28,446 (3.7%)
  • Hybrid 7,255 (0.94%)
  • Electric 235 (0.03%)
  • Plug-In Hybrid 492 (0.06%)
The Iowa congressional district 1 average age of vehicles is 12.96 years.

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

New Purchases

28.7K
Vehicles Sold

By Body Style

  • Cars 5,507 (19.21%)
  • CUVs 11,326 (39.52%)
  • SUVs 2,411 (8.41%)
  • Pickups 7,803 (27.23%)
  • Vans/Minivans 1,613 (5.63%)

By Powertrain

  • Gas 26,744 (93.31%)
  • Diesel 1,198 (4.18%)
  • Hybrid 528 (1.84%)
  • Electric 98 (0.34%)
  • Plug-In Hybrid 92 (0.32%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 0.00 0.00 Total Imports
  • 0.00 0.00 Total Imports

Economic Activity from 2018

  • 0.00 0.00 Total Imports
  • 0.00 0.00 Total Imports

Compiled by the 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.

Fueling

  • Gasoline Stations 473
  • Electric Charging Stations 38
  • Compressed Natural Gas Stations 4
  • Liquefied Petroleum Gas Stations 9

Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling stations as of April 9, 2019.

Consumers
$33.6K
Average MSRP Per New Car
$57.3K
Median Household Income
$4.8K
Median Monthly Household Income
$511.11
Median Monthly New Car Payment
10.70%
Car Payment As Percent Of Monthly Income

Commuting to Work

  • Drive Alone to Work (82%)
  • Carpool to Work (7%)
  • Take Public Transportation (0%)
  • Other (9%)

Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit, U.S. Census Bureau’s American Community Survey 2017 and Federal Reserve Bank of St. Louis. Median Monthly New Car Payment computed for a 60-month loan based on MSRP with 20% down and an APR of 5.36%.