Living in Central City, Iowa

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

Central City has 1,356 residents with a median age of 36.8. The median household income is $85,400 (14% higher than the Iowa median), the median home value is $179,700, the median rent is $782/month.

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

Central City at a glance

Population
1,356
Median age
36.8State: 38.6
Median household income
$85,400State: $75,059
Median home value
$179,700State: $208,000
Median rent
$782/moState: $972
Homeowners
77.8%
Bachelor's degree or higher
18.6%
Average commute
28 min

Is Central City a good place to live?

Pros: Median household income 14% higher than the Iowa median; home values 14% lower than the state median; a poverty rate of 3.9%.

Cons: An average commute of 28 minutes; unemployment of 4.1%.

The weather is best in June to September.

Cost of living in Central City

Housing is the biggest part of the cost of living. In Central City the median home value is $179,700, 46% lower than the U.S. median. Renters pay a median of $782 per month, which is 17% of household income. Homeowners with a mortgage pay $1,551 a month in housing costs.

Median home value

Central City$179,700
Iowa$208,000
United States$332,700

Median monthly rent

Central City$782
Iowa$972
United States$1,413

Central City median household income

The median household income in Central City is $85,400 and the income per person is $38,158. 3.9% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Central City$85,400
Iowa$75,059
United States$80,734

Housing in Central City: homes for sale and rent

Housing units
576
Owner-occupied
77.8%
Renter-occupied
22.2%
Vacant
5.6%Includes seasonal homes
Median year built
1959
Average household size
2.49

Central City demographics

Population
1,356
Median age
36.8
Under 18
24.9%
65 and older
17.8%
Households
544
Foreign-born
0.4%
Veterans
8.9%Adults 18+

Race and ethnicity

White97.1%
Hispanic or Latino2.6%
Black0%
Asian0%

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

Education in Central City

18.6% of adults 25 and older in Central City have a bachelor's degree or higher (Iowa: 31.4%), and 3.4% have a graduate or professional degree.

Bachelor's degree or higher

Central City18.6%
Iowa31.4%
United States35.7%

Jobs and commute in Central City

Unemployment rate
4.1%State: 3.6%
Average commute
28 minState: 20 min
Work from home
19.9%
Drive alone
67%
Public transit
0%
Walk to work
1.6%
Homes with broadband
85.3%

Central City vs nearby towns

TownPopulationMedian incomeHome valueRent
Central City1,356$85,400$179,700$782
Coggon744$76,250$164,700$756
Prairieburg143$45,000$97,700—
Alburnett795$105,357$199,200$591
Ryan346$60,625$155,400$850
Stone City154$179,167$535,700—
Springville1,172$92,656$182,400$1,125
Marion41,896$86,743$241,700$961
Robins3,332$122,262$413,400$956

More for people moving to Central City

Central City ZIP code ›Weather and climate ›

Living in Central City: FAQ

What is the median household income in Central City, IA?

The median household income in Central City is $85,400, 14% higher 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 Central City?

The median home value in Central City is $179,700, compared with $208,000 in Iowa.

How much is rent in Central City?

The median gross rent in Central City is $782 per month, about 17% of household income.

Is Central City, IA a good place to live?

Pluses: median household income 14% higher than the Iowa median; home values 14% lower than the state median; a poverty rate of 3.9%. Minuses: an average commute of 28 minutes; unemployment of 4.1%.

What is the median age in Central City?

The median age in Central City is 36.8 years (Iowa: 38.6).

How long is the commute in Central City?

The average commute to work in Central City is 28 minutes; 19.9% of workers work from home.

What is the unemployment rate in Central City?

The unemployment rate in Central City is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Central City?

18.6% of adults in Central City 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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