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 3

Autos Drive Iowa Forward

Industry Impact

18.9K
18.9 Thousand total auto jobs in Iowa
3.32%
3.32% depend on the auto industry for jobs
$1.1B
Total Labor Income Annually
$1.4B
Total Car Sales in 2018
42.3K
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

$112.8M
total state tax revenue
$2.6M
corporate profits tax
$21.7M
state income taxes

Registrations

801K
Registered

By Body Style

  • Cars 314,359 (39.25%)
  • CUVs 159,945 (19.97%)
  • SUVs 86,105 (10.75%)
  • Pickups 179,651 (22.43%)
  • Vans/Minivans 60,914 (7.6%)

By Powertrain

  • Gas 765,377 (95.56%)
  • Diesel 24,803 (3.1%)
  • Hybrid 9,678 (1.21%)
  • Electric 421 (0.05%)
  • Plug-In Hybrid 695 (0.09%)
The Iowa congressional district 3 average age of vehicles is 11.9 years.

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

New Purchases

42.3K
Vehicles Sold

By Body Style

  • Cars 9,895 (23.41%)
  • CUVs 16,486 (39%)
  • SUVs 3,871 (9.16%)
  • Pickups 9,679 (22.9%)
  • Vans/Minivans 2,344 (5.54%)

By Powertrain

  • Gas 39,642 (93.77%)
  • Diesel 1,619 (3.83%)
  • Hybrid 662 (1.57%)
  • Electric 198 (0.47%)
  • Plug-In Hybrid 154 (0.36%)

Auto-related Activity at Ports

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 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 455
  • Electric Charging Stations 35
  • Compressed Natural Gas Stations 2
  • Liquefied Petroleum Gas Stations 6

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
$33.7K
Average MSRP Per New Car
$65K
Median Household Income
$5.4K
Median Monthly Household Income
$513.81
Median Monthly New Car Payment
9.48%
Car Payment As Percent Of Monthly Income

Commuting to Work

  • Drive Alone to Work (83%)
  • Carpool to Work (7%)
  • Take Public Transportation (0%)
  • Other (8%)

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%.