Living in Armstrong, Iowa

Cost of living, income, home prices, rent and demographics of Armstrong · Census data 2020–2024

Armstrong has 703 residents with a median age of 55.5. The median household income is $58,250 (22% lower than the Iowa median), the median home value is $90,500, the median rent is $632/month.

Armstrong is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Armstrong at a glance

Population
703
Median age
55.5State: 38.6
Median household income
$58,250State: $75,059
Median home value
$90,500State: $208,000
Median rent
$632/moState: $972
Homeowners
81.9%
Bachelor's degree or higher
18%
Average commute
16 min

Is Armstrong a good place to live?

Pros: Home values 56% lower than the state median; an average commute of 16 minutes; a poverty rate of 5.4%.

Cons: Median household income 22% lower than the Iowa median; unemployment of 6.3%.

The weather is best in June to September.

Cost of living in Armstrong

Housing is the biggest part of the cost of living. In Armstrong the median home value is $90,500, 73% lower than the U.S. median. Renters pay a median of $632 per month, which is 17.1% of household income. Homeowners with a mortgage pay $1,054 a month in housing costs.

Median home value

Armstrong$90,500
Iowa$208,000
United States$332,700

Median monthly rent

Armstrong$632
Iowa$972
United States$1,413

Armstrong median household income

The median household income in Armstrong is $58,250 and the income per person is $34,250. 5.4% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Armstrong$58,250
Iowa$75,059
United States$80,734

Housing in Armstrong: homes for sale and rent

Housing units
400
Owner-occupied
81.9%
Renter-occupied
18.1%
Vacant
14.5%Includes seasonal homes
Median year built
1959
Average household size
1.94

Armstrong demographics

Population
703
Median age
55.5
Under 18
19.9%
65 and older
36.3%
Households
342
Foreign-born
1.1%
Veterans
5.2%Adults 18+

Race and ethnicity

White96.3%
Hispanic or Latino0.7%
Black1.1%
Asian0.1%

Hispanic or Latino can be of any race. Population history of Armstrong ›

Education in Armstrong

18% of adults 25 and older in Armstrong have a bachelor's degree or higher (Iowa: 31.4%), and 2.4% have a graduate or professional degree.

Bachelor's degree or higher

Armstrong18%
Iowa31.4%
United States35.7%

Jobs and commute in Armstrong

Unemployment rate
6.3%State: 3.6%
Average commute
16 minState: 20 min
Work from home
1.3%
Drive alone
87.8%
Public transit
0%
Walk to work
1.9%
Homes with broadband
88.9%

Armstrong vs nearby towns

TownPopulationMedian incomeHome valueRent
Armstrong703$58,250$90,500$632
Ringsted380$51,042$47,000$658
Dolliver161$90,000$59,000—
Swea City591$47,656$56,400$661
Ceylon259$40,208$43,500—
Fenton290$55,417$55,000$760
Lone Rock106$52,500$63,600$550
Bancroft626$60,000$120,700$725
Wallingford128$71,250$63,600—

More for people moving to Armstrong

Armstrong ZIP code ›Weather and climate ›

Living in Armstrong: FAQ

What is the median household income in Armstrong, IA?

The median household income in Armstrong is $58,250, 22% 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 Armstrong?

The median home value in Armstrong is $90,500, compared with $208,000 in Iowa.

How much is rent in Armstrong?

The median gross rent in Armstrong is $632 per month, about 17.1% of household income.

Is Armstrong, IA a good place to live?

Pluses: home values 56% lower than the state median; an average commute of 16 minutes; a poverty rate of 5.4%. Minuses: median household income 22% lower than the Iowa median; unemployment of 6.3%.

What is the median age in Armstrong?

The median age in Armstrong is 55.5 years (Iowa: 38.6).

How long is the commute in Armstrong?

The average commute to work in Armstrong is 16 minutes; 1.3% of workers work from home.

What is the unemployment rate in Armstrong?

The unemployment rate in Armstrong is 6.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Armstrong?

18% of adults in Armstrong 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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