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Iowa

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Overall Rank

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18

Ease of doing business

theboardiQ Economic Relevance Score, ranks States of USA based on 14 parameters and 4 Pillars

4 Pillars National Ranking

Economic Scale & Vitality
Innovation & Enterprise
Human Capital & Living
Structural & Policy
9
28
28
4

14 Core Economic Indicators National Ranking

Economic Scale & Vitality National Ranking

GDP Overall Rank
Trade Overall Rank
Employment Overall Rank
32
6
5

Innovation & Enterprise National Ranking

R&D Overall Rank
F500 Rank
VC Per Capita Rank
17
32
30

Human & Capital Living National Ranking

Education Rank
Disposable Income Rank
Cost of Living Rank
Labor Productivity Rank
31
36
3
32

Structural & Policy National Ranking

Tax Rank
Agri Rank
Manufacturing Rank
Infra & Energy Rank
17
2
11
21

STATE PERFORMANCE GAUGE CHARTS



US STATES ECONOMIC & INNOVATION COMPETITIVENESS

An executive-grade benchmarking index developed by theboardiQ LLC to evaluate and rank the macroeconomic strength, innovation capacity, and structural competitiveness of 50 States in the United States.

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Designed for corporate board directors, institutional investors, and policymakers, the index synthesizes raw macroeconomic and institutional data into a standardized 0–100 Composite Score across 4 Strategic Macro Pillars and 14 Underlying Sub-Metrics.

The Executive Dashboard incorporates a boardroom governance matrix mapping strategic mandates, benchmark metrics, director compensation, and critical oversight inquiries across 9 Board Roles/Industry Lens

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COMPETITIVENESS SWOT

Iowa

Strengths

• Agricultural powerhouse (#2 nationally) leading in corn, soybean, and pork production• Exceptionally low cost of living (#3) and low unemployment rate (3.2%)• Strong labor force participation (66.9%) and robust manufacturing/food-processing base (#11)

Weaknesses

• Heavy economic exposure to agricultural commodity price volatility• Demographic challenges including rural population stagnation and brain drain• Low venture capital deal flow (#30) and limited economic diversification

Opportunities

• Renewable wind and bio-energy development and grid export• Ag-tech innovation, autonomous farming, and value-added food processing• Advanced machinery manufacturing expansion

Threats

• Accelerating climate change impacts and extreme weather on crop yields• International trade disputes and tariff exposures on ag exports• Persistent workforce shortages in rural industrial sectors

METRICS DEEPDIVE

Economic Scale & Vitality

GDP

GDP Overall Rank
GDP 2025 Current-Dollar GDP ($ Billions)
GDP Share of U.S. Total
32
$271.9B
0.89%

Trade

Trade Overall Rank
Trade Surplus / Deficit
Exports in Millions USD
Total US Overall Exports 2026 YTD
Export %
6
$2,922
$11,233
$1,639,475
0.69%
Imports in Millions USD
Total US Overall Imports 2026 YTD
Import %
$8,311
$2,415,187
0.34%

Employment

Emp Overall Rank
Unemp Rank
Unemp Rate (%)
Emp Rank
Total Emp (thousands)
5
9
3.2
32
1,587.40
12-Mo % Change
12-Mo Net Change (thousands)
Labor Force Participation Rate
0.3
4
66.90%

Innovation & Enterprise

R&D

R&D Overall Rank
R&D spend as a % of GDP
Patents Awarded per 1K S&E Occ
Bus Perf R&D (% Output)
17
2.26%
13.12
1.96%

F500 Representation

F500 Rank
F500 HQs
F500 Combined Revenue
32
2
$31.6B

VC Per Capita

VC Per Capita Rank
Patents issued per 100K residents
VC deal value (per capita)
R&D expenditure(per capita)
30
$38
$41
$1,780

Human & Capital Living

Education

Education Rank
State Overall Education Score
Educational Attainment Rank
Quality of Education
31
47
33rd
30th
% of Pop with Grad Degree
% of Pop with Bach Degree
% of Pop with Assoc Degree
% of Pop with High Sch Diploma
11.20%
19.50%
9.30%
32.00%

Disposable Income

Disposable Income Rank
Disposable Income Per Capita ($)
10-Year Growth (%)
1-Year Growth (%)-1
36
$60,074
48.4%
3.0%

Cost of Living

Cost of Living Rank
State Index
Grocery
Housing
Utilities
Transport
Health
3
86
96
71
82
94
93

Labor Productivity

Lab Productivity Rank
2025 Value (Mill of Hrs)
Lab Productivity
GDP
Absolute Lab Productivity
32
2431.268
114.44
$271.9B
2.38

Structural & Policy

Tax

Tax Rank
Corporate Tax
Individual Income Tax
Sales Tax
Property Tax
Unemploy.Ins Tax
17
25
11
11
33
35

Agriculture

Agri Rank
Gross Receipts ($B)
Cumulative Share (%)
2
46
18.60%

Manufacturing

Mfg Rank
Total nonfarm Jobs
Mfg Jobs
% Share of Total Mfg GDP
Mfg GDP ($B)
11
1,587.40
213.4
1.56%
$45.7B
% of Nonfarm Jobs
% Share of Total Mfg Jobs
13.44%
1.70%

Infra & Energy

Infra & Energy Rank
Home Energy Efficiency Rank
Auto Energy Efficiency Rank
21
6
45

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265 Garnet Dr 

Livermore, CA 94550

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