HomeIowaBlack Hawk CountyCedar Falls city
Cedar Falls city, Iowa: commercial real estate data.
Cedar Falls city is a Census city of 40,888 people across 29.45 square miles of land, in Black Hawk County. Median household income is $76,987, 64.0 percent of occupied homes are owned, and the SBA record carries 67 7(a) approvals to borrowers here worth $23.1 m.
77 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Cedar Falls
What Cedar Falls is
- Census place typecity
- Land area29.45 sq mi
- Water area0.83 sq mi
- Population per square mile of land1,388
- County holding the largest share of its areaBlack Hawk County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cedar Falls
How many people live in Cedar Falls
- Population40,888
- Median age29.3
- Population under 187,128
- Share under 1817.4 percent
- Population 65 and over6,557
- Share 65 and over16.0 percent
- Households15,908
- Family households8,435
- Share of households that are families53.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cedar Falls
Income and work in Cedar Falls
- Median household income$76,987
- Per capita income$41,428
- Civilian labor force23,614
- Employed22,695
- Unemployed919 plus or minus 264
- Unemployment rate3.9 percent plus or minus 1.1
- Adults 25 and over22,547
- Adults 25 and over with a high school diploma or higher97.8 percent
- Adults 25 and over with a bachelor degree or higher50.4 percent
- Adults 25 and over with a graduate degree21.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cedar Falls
Housing in Cedar Falls
- Housing units16,804
- Occupied units15,908
- Vacant units896 plus or minus 275
- Vacancy rate5.3 percent plus or minus 1.6
- Owner occupied10,175
- Renter occupied5,733
- Ownership rate64.0 percent
- Median owner-occupied home value$263,600
- Median gross rent, monthly$1,203
- Annual rent as a share of median income18.8 percent
- Single family units11,119
- Share single family66.2 percent
- Units in buildings of two or more5,103
- Share in buildings of two or more30.4 percent
- Mobile homes582 plus or minus 200
- Median year structure built1975
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cedar Falls
How Cedar Falls gets to work
- Workers 16 and over who commute19,895
- Commuting under 15 minutes11,484
- Share commuting under 15 minutes57.7 percent
- Commuting 30 minutes or more1,314 plus or minus 266
- Share commuting 30 minutes or more6.6 percent
- Drove alone76.7 percent
- Carpooled5.5 percent plus or minus 1.3
- Public transport0.0 percent
- Walked5.8 percent
- Worked from home11.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cedar Falls
SBA loans in Cedar Falls (7(a))
- Approvals67
- Gross approval$23,066,100
- Average approval$344,270
- Median approval$175,500
- Ninetieth percentile approval$678,200
- Largest approval$4,478,500
- Jobs supported923
- Jobs per approval13.8
- Loans with a final outcome27
- Paid in full25
- Charged off2
- Charge-off rate over resolved loans7.4 percent
- Median term120 months
- Share on real estate terms of 20 years or more4.5 percent
- Share to franchises13.4 percent
- Distinct lenders17
- Distinct industries by NAICS42
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Cedar Falls
SBA loans in Cedar Falls (504)
- Approvals22
- Gross approval$8,464,000
- Average approval$384,727
- Median approval$305,000
- Largest approval$1,115,000
- Jobs supported129
- Loans with a final outcome8
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Black Hawk County, not Cedar Falls
Black Hawk County context, not Cedar Falls figures
These are Black Hawk County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Cedar Falls measurements.
- Establishments in Black Hawk County3,105
- Employment at those establishments, Black Hawk County63,693
- Covered employment, Black Hawk County70,886
- Average annual pay, Black Hawk County$59,631
- Average weekly wage, Black Hawk County$1,147
- Housing units permitted, Black Hawk County289
- Of those, single family, Black Hawk County166
- County product, 2024, Black Hawk County$10,039,272,000
- County product change over the prior year, Black Hawk County0.6 percent
- Average income of an arriving household, Black Hawk County$49,227
Every figure in this section is published for Black Hawk County as a whole and is not a measurement of Cedar Falls. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Cedar Falls questions, answered from the record.
How many people live in Cedar Falls, Iowa?
40,888, in 15,908 households. Cedar Falls city covers 29.45 square miles of land, which is 1,388 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Cedar Falls in?
Black Hawk County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Cedar Falls?
$76,987. The median owner-occupied home is valued at $263,600. Median gross rent is $1,203 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Cedar Falls businesses?
67 7(a) approvals totalling $23.1 m, across 17 lenders, median approval $175,500, plus 22 504 approvals worth $8.5 m. These count approvals to borrowers whose address is in Cedar Falls, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Cedar Falls borrowers get paid back?
Of the 27 loans that have reached a final outcome, 25 were paid in full and 2 charged off, a charge off rate of 7.4 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Cedar Falls figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Black Hawk County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Cedar Falls.
Is zoning published for Cedar Falls?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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