Iowa Advantage

Powering the Heart of the Heartland

Iowa has developed a robust mix of industries from its strong agriculture foundation. Why? Well, Iowa understands its strengths, with focused strategies in place to spur industry growth and job creation. We make it easier for entrepreneurs and global leaders to invest in R&D and plan for the future. Our well-integrated transportation system sends your products to market—even if it’s halfway across the world. Companies flourish when given opportunities.

38%

higher concentration of biological technicians in Iowa than national statewide average

BLS, 2015

Bioscience

80

insurance companies headquartered in Iowa

Iowa Insurance Division

Finance & Insurance

$30.058B

contribution from Iowa's largest industry sector - Advanced Manufacturing

BEA, 2019

Advanced Manufacturing

#5

IOWA IS THE 5TH BEST-RUN STATE IN THE NATION

24/7 WALL STREET, 2018

California 17th

Illinois 44th

Indiana 23rd

Wisconsin 21st

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IOWA’S TOP TEN MANUFACTURED OR VALUE-ADDED EXPORTS

SOURCE: Global Trade Information Service 2017

Trade & Export Resources

LOW COST OF DOING BUSINESS

Iowa has the #2 lowest cost of doing business in the country (Business Facilities, 2017)
LOW-COST CONSTRUCTION

Iowa's industrial construction costs are 18% below the national average and industrial rental rates are 15% below the national average.
WORKERS COMPENSATION PREMIUM

The average workers compensation premium is 4% below the national average in Iowa (Dept of Business Services, 2018)