Cost of Living in Waukee, IA

Population 26,974 · Iowa · Data vintage 2023

104
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Waukee lands reasonably close to national benchmarks on most cost indicators, with a median home value of $328,000 — 8% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Iowa.

Located 14 miles west of Des Moines, Waukee falls within that metro's commuting orbit. Median home values run roughly 79% higher than Des Moines' $184,000.

Cost Overview

Housing 108
Rent 98

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Waukee

The median home value in Waukee is $328,200 — 8% above the national median of $305,000. Median rent runs $1,290/month, 2% lower than the national median of $1,314/month. The median household income of $106,728/year is 43% higher than the US median of $74,580. The local unemployment rate is 4.1%, below the national average of 4.8%. Iowa's top state income tax rate is 5.7% and the combined sales tax is 6.9%. Overall, Waukee has a cost of living index of 104 versus the US average of 100, meaning it is 4% more expensive.

🏠 Housing

Median Home Value
$328,200
8% above avg
Zillow Home Value
$341,896
Zillow ZHVI
Median Rent
$1,290/mo
2% below avg
Zillow Rent
$1,502/mo
Zillow ZORI
Price-to-Rent Ratio
21.2x
Favors renting
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$646
1 BR
$716
2 BR
$877
3 BR
$1,170
4 BR
$1,287
Owner-occupied 69.3%
Renter-occupied 30.7%

💰 Estimated Monthly Budget

Rent median rent
$1,290
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,904/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
20.9 min
23% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
21.0%

Commute Mode

Drove alone
71.9%
Carpooled
5.5%
Walked
0.7%
Work from home
21.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.7%
Total Sales Tax 6.9%
State rate 6.0%
Avg local rate 0.9%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$106,728
43% above avg
Per Capita Income
$52,233
Unemployment Rate
4.1%
15% below avg
Poverty Rate
7.3%
Labor Force Participation
78.3%

🎓 Education

Bachelor's degree+ 38.9%
Graduate degree 17.9%

👥 Demographics

Median Age 34.4
Male median age 32.9
Female median age 35.5

🏫 Schools

NCES CCD 2019 — public school district data

98%
4-Year Graduation Rate
15.6:1
Student-teacher ratio
14
Public schools
11,518
Total enrollment

Frequently Asked Questions

What is the cost of living in Waukee, IA?

Waukee has a cost index of 104 (100 = national average). It is 4% above the national average.

What is average rent in Waukee, IA?

The median gross rent in Waukee is $1,290 per month based on 2023 Census data.

What is the average home price in Waukee?

The median home value in Waukee is $328,200 according to Zillow and Census data.

What is the median income in Waukee?

The median household income in Waukee is $106,728 per year (2023 ACS 5-year estimates).

What is the sales tax in Waukee, IA?

The combined state and local sales tax rate in Waukee is 6.9%. The Iowa state income tax top rate is 5.7%.

Is Waukee, IA affordable?

Waukee is near the national average in terms of cost of living, with an index of 104 (100 = US average).

Waukee at a Glance

Population
26,974
Median Income
$106,728
Home Value
$328,200
Median Rent
$1,290/mo
Unemployment
4.1%
Sales Tax
6.9%
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