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Cedar Rapids, Iowa

Jobs & Economy in Cedar Rapids

Detailed jobs & economy data — sourced from authoritative datasets and normalized for direct comparison.

Jobs & Economy in Cedar Rapids, Iowa

The economy of Cedar Rapids is robust and diverse, with key industries including manufacturing, healthcare, and retail trade. The city has seen significant growth in recent years, particularly with major private investments in data centers and manufacturing facilities, such as those by Google and QTS. This economic momentum is further supported by a strong job market, with new job creation and expansion in various sectors. Cedar Rapids is also recognized for its economic opportunity and job growth, making it a compelling location for professionals and businesses.

Economy & Jobs

Average Salary
$89,087
Unemployment
4.10%
GDP
$0.0B
Business Score
68

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About Cedar Rapids, Iowa

Cedar Rapids, Iowa, is a vibrant city situated on the banks of the Cedar River, known for its rich history in manufacturing and agriculture, and its resilient spirit, especially after overcoming the devastating 2020 derecho. The city has a strong community focus, with a growing economy and a commitment to reinvestment and improvement, making it an attractive place for those seeking a balance of affordability and amenities. People are drawn to Cedar Rapids for its lower-than-average cost of living, robust job market, and a quality of life that offers a small-town feel with big-city opportunities. The city's ongoing development, including significant private investments in data centers and manufacturing, signals a dynamic future and a welcoming environment for new residents and businesses alike. Cedar Rapids is also recognized for its well-run city services and its commitment to innovation, further enhancing its appeal as a place to live, work, and retire.

About Iowa

Iowa, located in the Midwest, is characterized by its expansive farmlands and a generally relaxed, community-focused lifestyle. The state's economy is diverse, with major industries including advanced manufacturing, biosciences, finance and insurance, and its foundational agricultural sector, which leads in corn, soybean, ethanol, and pork production. Living in Iowa is notably affordable, with the cost of living, particularly housing, being significantly lower than the national average. The climate is humid continental, featuring hot, humid summers and cold winters, with seasonal precipitation and susceptibility to various natural disasters like snowstorms, floods, and tornadoes.

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