Western Iowa Tech Community College's (Aa2 stable general obligation unlimited tax (GOULT), A3 stable dormitory revenue) credit profile is driven by a large tax base serving the Sioux City (Aa2) metro area in northwest Iowa (Aaa stable) with a below average median family income and strong full value per capita. The college has modest debt and pension burdens and healthy financial operations supported by strong liquidity and prudent budgetary management. Like many community colleges, Western Iowa Tech has experienced enrollment declines, and saw dips during the pandemic, however has raised tuition and fees to offset declines in revenue.