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The 2015 median household income in rural Iowa was $60,223, almost 11 percent higher than urban incomes ($51,705). Rural Iowans also have become wealthier than rural residents in other states.
It’s no secret that the farm economy has faced a downturn since its peak in 2012. But how has the downturn affected farmers, specifically related to their farm income and levels of farm debt? A new study by David Peters, associate professor and extension rural sociologist with Iowa State University, aims to directly answer those questions.
Providing an attractive and appealing place to live is a concern for small towns across Iowa. There are things a town can do to attract new residents that are not related to economic factors.
David Peters, associate professor and extension rural sociologist at Iowa State University, looks at changes in Iowa’s demographic, cultural and social makeup over the last decade.
Inflation is a bigger problem for rural households than for those living in cities, according to a new report from the Iowa Small Towns Project at Iowa State University. The report provides preliminary estimates of how inflation has affected rural and urban households.