Living in Collins, Iowa

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

Collins has 533 residents with a median age of 32.3. The median household income is $67,500 (10% lower than the Iowa median), the median home value is $159,200, the median rent is $862/month.

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

Collins at a glance

Population
533
Median age
32.3State: 38.6
Median household income
$67,500State: $75,059
Median home value
$159,200State: $208,000
Median rent
$862/moState: $972
Homeowners
75.2%
Bachelor's degree or higher
15.9%
Average commute
29 min

Is Collins a good place to live?

Pros: Home values 23% lower than the state median; a poverty rate of 10.3%.

Cons: Median household income 10% lower than the Iowa median; an average commute of 29 minutes; unemployment of 6%.

The weather is best in June to September.

Cost of living in Collins

Housing is the biggest part of the cost of living. In Collins the median home value is $159,200, 52% lower than the U.S. median. Renters pay a median of $862 per month, which is 18.4% of household income. Homeowners with a mortgage pay $1,508 a month in housing costs.

Median home value

Collins$159,200
Iowa$208,000
United States$332,700

Median monthly rent

Collins$862
Iowa$972
United States$1,413

Collins median household income

The median household income in Collins is $67,500 and the income per person is $32,041. 10.3% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Collins$67,500
Iowa$75,059
United States$80,734

Housing in Collins: homes for sale and rent

Housing units
233
Owner-occupied
75.2%
Renter-occupied
24.8%
Vacant
9.9%Includes seasonal homes
Median year built
1956
Average household size
2.54

Collins demographics

Population
533
Median age
32.3
Under 18
26.3%
65 and older
9.4%
Households
210
Foreign-born
0.4%
Veterans
7.4%Adults 18+

Race and ethnicity

White95.1%
Hispanic or Latino3.9%
Black0%
Asian0%

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

Education in Collins

15.9% of adults 25 and older in Collins have a bachelor's degree or higher (Iowa: 31.4%), and 3.8% have a graduate or professional degree.

Bachelor's degree or higher

Collins15.9%
Iowa31.4%
United States35.7%

Jobs and commute in Collins

Unemployment rate
6%State: 3.6%
Average commute
29 minState: 20 min
Work from home
6.1%
Drive alone
84.2%
Public transit
0%
Walk to work
1.4%
Homes with broadband
88.6%

Collins vs nearby towns

TownPopulationMedian incomeHome valueRent
Collins533$67,500$159,200$862
Maxwell905$97,639$184,600$650
Rhodes265$73,083$98,000$491
Colo686$64,000$152,000$950
Mingo328$71,000$144,300$734
Baxter1,247$60,952$166,700$900
State Center1,412$83,942$167,400$766
Melbourne804$71,667$155,400$756
Nevada6,983$75,094$182,400$953

More for people moving to Collins

Collins ZIP code ›Weather and climate ›

Living in Collins: FAQ

What is the median household income in Collins, IA?

The median household income in Collins is $67,500, 10% 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 Collins?

The median home value in Collins is $159,200, compared with $208,000 in Iowa.

How much is rent in Collins?

The median gross rent in Collins is $862 per month, about 18.4% of household income.

Is Collins, IA a good place to live?

Pluses: home values 23% lower than the state median; a poverty rate of 10.3%. Minuses: median household income 10% lower than the Iowa median; an average commute of 29 minutes; unemployment of 6%.

What is the median age in Collins?

The median age in Collins is 32.3 years (Iowa: 38.6).

How long is the commute in Collins?

The average commute to work in Collins is 29 minutes; 6.1% of workers work from home.

What is the unemployment rate in Collins?

The unemployment rate in Collins is 6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Collins?

15.9% of adults in Collins 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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