Des Moines, Iowa

Economy in Des Moines

Detailed economy data — sourced from authoritative datasets and normalized for direct comparison.

Economy in Des Moines, Iowa

Des Moines serves as a significant business hub, particularly recognized for its strong insurance and finance industries, which have historically driven economic expansion and attracted new residents. The metropolitan area's job markets continue to grow, especially in sectors such as insurance, finance, and healthcare, providing ample employment opportunities. This consistent growth contributes to a stable and expanding economy.

The city's economic resilience is further supported by a diverse range of businesses and industries. While specific data on remote work is not readily available for 2024-2026, the presence of major corporations and a robust business environment suggests a dynamic job market with various employment opportunities.

Economy & Jobs

Average Salary
$65,000
Unemployment
4.10%
GDP
$0.0B
Business Score
75

Top Industries

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About Des Moines, Iowa

Des Moines, the capital and most populous city in Iowa, is a vibrant hub known for its significant role in U.S. politics due to the Iowa caucuses, and as a major business center. The city's name is believed to be derived from the French 'Rivière des Moines,' meaning 'River of the Monks.' Incorporated in 1851, Des Moines has grown to be the largest metropolitan area entirely within Iowa, serving six counties in central Iowa: Polk, Dallas, Warren, Madison, Guthrie, and Jasper.

While the city proper has experienced a slight population decline in recent years due to suburbanization, the broader metropolitan area continues to expand, driven by growing job markets in sectors like insurance, finance, and healthcare, and more affordable housing options in the surrounding areas. Des Moines offers a blend of urban amenities and a relaxed suburban atmosphere, making it an appealing location for both young professionals and retirees.