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Black Hawk County, IA

RANK #852 / 1001 NAT  ·  #10 / 11 IA  ·  POP 131,049

1YR FORECAST: +0.4%

5YR OUTLOOK: +22%

Our model projects Black Hawk County's housing market at +0.4% over the next year, underperforming most U.S. counties.

[01] Why Black Hawk County?

Black Hawk County, Iowa, is distinguished by the Cedar River, which flows through its center and shapes a landscape of level floodplains and integrated drainage networks. Located in northeastern Iowa, the county seat of Waterloo is approximately an hour and a half drive northeast of Des Moines. The community offers a blend of urban amenities, particularly in its larger cities of Waterloo and Cedar Falls, alongside accessible natural spaces. Commute times are generally short, averaging around 15.9 minutes. The county also maintains over 9,000 acres of public land, including parks, wetlands, and an extensive trail system for biking, birdwatching, and kayaking.

Life in Black Hawk County balances urban convenience with Midwestern character. The area attracts families and young professionals, supported by above-average public schools and institutions like the University of Northern Iowa. The economy is diverse, with a workforce employed across sectors such as manufacturing, healthcare, and retail. Recent economic developments in the county have focused on attracting investment in various industries, including advanced manufacturing and logistics.

MARKET PROFILE

Heartland Steady Growth

Black Hawk County is one of 145 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of +1.8% runs below the profile's typical +4.9%.

See all 145 Heartland Steady Growth counties →

[02] Market Snapshot

Housing Ratio
5.8x

Below national median (11.3x)

Home Prices
+1.8%

Above national median

Climate & Terrain
-3.1

Harsh climate or flat terrain

Price/Rent
14x

Below national median (15x)

Housing is fairly valued at 5.8x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    John Deere Manufacturing
    5,000+
  2. 2
    Wheaton Franciscan Healthcare Healthcare
    2,500+
  3. 3
    Tyson Fresh Meats Manufacturing
  4. 4
    University of Northern Iowa Education
    1,000+
  5. 5
    UnityPoint Health Healthcare
  6. 6
    Waterloo Community Schools Education
  7. 7
    Hy-Vee Food Stores Retail
  8. 8
    Walmart Retail
  9. 9
    Target Regional Distribution Logistics
    500+
  10. 10
    CBE Companies Finance

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Black Hawk County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
131,049
+0.27% YoY
Median Household Income
$66,417
Median Home Value
$188,900
+1.82% 12mo
Median Rent
$989
Average Annual Pay
$59,873
+0.4% YoY
Employment
70,678
-0.3% YoY
Income-to-Home-Value
0.3516
More affordable than average
Migration Inflow
4.64%
of pop. from another state
Bachelor's Degree+
30.3%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$242,500
Days on Market
13
Very hot — homes selling fast
Months of Supply
1.6
Seller's market
Sale-to-List Ratio
98.8%
Near asking price
Sold Above List
31.7%
Listings w/ Price Drops
30.3%
Building Permits (2025)
488
Single-Family Permits
165

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

C+
SAFETY
GRADE
Homicide Rate
5.4
per 100K · nat avg 6.3
Firearm Fatalities
11.9
per 100K · nat avg 14.8
Injury Deaths
70.7
per 100K · nat avg 76.3
vs National Average
Near national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B-
AIR QUALITY
GRADE
Median AQI (3yr)
48.0
Good
Good Air Days
54%
590 of 1,083 days
Unhealthy+ Days (3yr)
7
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
47
2022
44
2023
53
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$314M
TOTAL
PROJECT AMOUNT STATUS
Electrifarm Natural Gas Plant
MidAmerican Energy Co.
$264M Operating
Audubon Heights Master-Planned Community
Skogman Homes
$50M Under Construction
Tyson Fresh Meats Pork Processing Plant
Tyson Fresh Meats, Inc.
Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

Population Growth +0.3% 34 percentile
Income Growth +2.8% 53 percentile
Vacancy Rate 1.5% 18 percentile
Home Price Change +1.8% 53 percentile
Rent Growth +3.3% 56 percentile
Price/Rent 14x 65 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

Is Black Hawk County, IA a good place to move to?

The data is not encouraging — Black Hawk County scores just 14/100 on the Boom Town Index, ranking #852 of 1001 counties. Job growth at -0.3% and median household income of $66,417 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Black Hawk County affordable?

By national standards, Black Hawk County is quite affordable. Homes here have a median value of $188,900, and the income-to-home-value ratio of 0.35 is well above the U.S. average — especially with median rent at just $989/month. Residents can generally buy a home without being cost-burdened.

Is Black Hawk County growing or shrinking?

Population and employment in Black Hawk County are both close to flat — population +0.3% YoY and jobs -0.3%. Home values shifted +1.8% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Black Hawk County?

There's a moderate stream of newcomers. About 4.64% of residents moved from another state, which is above average and suggests Black Hawk County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Dallas County, IA 12 Johnson County, IA 20 Polk County, IA 26 Story County, IA 35 Dubuque County, IA 42 Pottawattamie County, IA 51 Rapides Parish, LA 14 Roanoke city, VA 14