Living in Allerton, Iowa
Cost of living, income, home prices, rent and demographics of Allerton · Census data 2020–2024
Allerton has 395 residents with a median age of 48.8. The median household income is $46,989 (37% lower than the Iowa median), the median home value is $67,900, the median rent is $641/month.
Allerton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Allerton at a glance
- Population
- 395
- Median age
- 48.8State: 38.6
- Median household income
- $46,989State: $75,059
- Median home value
- $67,900State: $208,000
- Median rent
- $641/moState: $972
- Homeowners
- 73.5%
- Bachelor's degree or higher
- 14.3%
- Average commute
- 22 min
Is Allerton a good place to live?
Pros: Home values 67% lower than the state median.
Cons: Median household income 37% lower than the Iowa median; an average commute of 22 minutes; unemployment of 6%; a poverty rate of 12.9%.
The weather is best in May–June and August–September.
Cost of living in Allerton
Housing is the biggest part of the cost of living. In Allerton the median home value is $67,900, 80% lower than the U.S. median. Renters pay a median of $641 per month, which is 21% of household income. Homeowners with a mortgage pay $889 a month in housing costs.
Allerton median household income
The median household income in Allerton is $46,989 and the income per person is $30,914. 12.9% of residents live below the poverty line (Iowa: 11.1%).
Housing in Allerton: homes for sale and rent
- Housing units
- 215
- Owner-occupied
- 73.5%
- Renter-occupied
- 26.5%
- Vacant
- 15.8%Includes seasonal homes
- Median year built
- 1954
- Average household size
- 2.18
Allerton demographics
- Population
- 395
- Median age
- 48.8
- Under 18
- 22%
- 65 and older
- 26.1%
- Households
- 181
- Foreign-born
- 0%
- Veterans
- 8.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Allerton ›
Education in Allerton
14.3% of adults 25 and older in Allerton have a bachelor's degree or higher (Iowa: 31.4%), and 4.9% have a graduate or professional degree.
Jobs and commute in Allerton
- Unemployment rate
- 6%State: 3.6%
- Average commute
- 22 minState: 20 min
- Work from home
- 3.4%
- Drive alone
- 91.2%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 82.9%
Allerton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Allerton | 395 | $46,989 | $67,900 | $641 |
| Corydon | 1,628 | $51,250 | $92,400 | $776 |
| Lineville | 259 | $50,833 | $56,100 | $519 |
| Promise City | 105 | $41,563 | $53,900 | $625 |
| Humeston | 551 | $58,836 | $83,100 | $542 |
| Seymour | 594 | $46,071 | $86,800 | $614 |
| Garden Grove | 171 | $34,000 | $46,100 | $530 |
| Derby | 110 | $56,250 | $92,500 | — |
| Mercer | 325 | $39,028 | $63,800 | $570 |
More for people moving to Allerton
Allerton ZIP code ›Weather and climate ›Living in Allerton: FAQ
What is the median household income in Allerton, IA?
The median household income in Allerton is $46,989, 37% lower than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Allerton?
The median home value in Allerton is $67,900, compared with $208,000 in Iowa.
How much is rent in Allerton?
The median gross rent in Allerton is $641 per month, about 21% of household income.
Is Allerton, IA a good place to live?
Pluses: home values 67% lower than the state median. Minuses: median household income 37% lower than the Iowa median; an average commute of 22 minutes; unemployment of 6%; a poverty rate of 12.9%.
What is the median age in Allerton?
The median age in Allerton is 48.8 years (Iowa: 38.6).
How long is the commute in Allerton?
The average commute to work in Allerton is 22 minutes; 3.4% of workers work from home.
What is the unemployment rate in Allerton?
The unemployment rate in Allerton is 6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Allerton?
14.3% of adults in Allerton have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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