Cedar Falls is a medium-sized city located in the state of Iowa. With a population of 40,737 people and ten associated neighborhoods, Cedar Falls is the 14th largest community in Iowa.

Cedar Falls real estate is some of the most expensive in Iowa, although Cedar Falls house values don't compare to the most expensive real estate in the U.S.

A relatively large number of people in Cedar Falls telecommute to their jobs. Overall, about 9.67% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Cedar Falls is also a major college town with a large number of people who are 18 years or older and attending college. As is often the case in college towns, the many students that live in Cedar Falls have a strong influence on the local culture and entertainment scene, which may seem dormant by comparison in the summer months when much of the student population is away. In the fall, the return of students has a reinvigorating effect on the community. Because colleges are lasting institutions, they have a stabilizing effect on the economy by providing direct local benefits such as jobs for faculty and staff and spending by students. Cedar Falls’s economy is one such example of this.

Cedar Falls, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the city.

One of the benefits of Cedar Falls is that there is very little traffic. The average commute to work is 15.55 minutes, which is substantially less than the national average. Not only does this mean that the drive to work is less aggravating, but noise and pollution levels are lower as a result.

The education level of Cedar Falls ranks among the highest in the nation. Of the 25-and-older adult population in Cedar Falls, 49.14% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

The per capita income in Cedar Falls in 2022 was $39,242, which is wealthy relative to Iowa, and upper middle income relative to the rest of the US. This equates to an annual income of $156,968 for a family of four. However, Cedar Falls contains both very wealthy and poor people as well.

The people who call Cedar Falls home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Cedar Falls residents report their race to be White, followed by Asian. Important ancestries of people in Cedar Falls include German, Irish, English, Norwegian, and Italian.

The most common language spoken in Cedar Falls is English. Other important languages spoken here include Spanish and Urdu.