Cedar Falls is a medium-sized city located in the state of Iowa. With a population of 40,746 people and ten associated neighborhoods, Cedar Falls is the 14th largest community in Iowa.

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.

In addition, Cedar Falls is a major college town that has a very high percentage of its residents over 18 years old who are college students. Naturally, collegiate life has a major influence on local Cedar Falls culture, lifestyle and entertainment options. Cedar Falls really pulses to the beat of the academic calendar. In Cedar Falls every fall, returning students reinvigorate the community, who you will notice are all over town, buying groceries, out with friends, and getting acquainted or re-acquainted with each other and Cedar Falls. One of the beneficial effects that colleges provide is that they tend to be lasting institutions that deliver direct economic benefits to the local economy in the form of such things as jobs for faculty and staff, and spending by students. Cedar Falls benefits directly from this.

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

Residents of the city have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 15.55 minutes getting to work every day.

Cedar Falls is one of the most well-educated cities in the nation. 49.14% of adults in Cedar Falls have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.

The per capita income in Cedar Falls in 2018 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.