Living in Cresco, Iowa
Cost of living, income, home prices, rent and demographics of Cresco · Census data 2020–2024
Cresco has 3,908 residents with a median age of 38.5. The median household income is $60,608 (19% lower than the Iowa median), the median home value is $117,200, the median rent is $715/month.
Cresco at a glance
- Population
- 3,908
- Median age
- 38.5State: 38.6
- Median household income
- $60,608State: $75,059
- Median home value
- $117,200State: $208,000
- Median rent
- $715/moState: $972
- Homeowners
- 75%
- Bachelor's degree or higher
- 20.7%
- Average commute
- 18 min
Is Cresco a good place to live?
Pros: Home values 44% lower than the state median; an average commute of 18 minutes; unemployment of 1.2%.
Cons: Median household income 19% lower than the Iowa median; a poverty rate of 13.4%.
The weather is best in June to September.
Cost of living in Cresco
Housing is the biggest part of the cost of living. In Cresco the median home value is $117,200, 65% lower than the U.S. median. Renters pay a median of $715 per month, which is 22.8% of household income. Homeowners with a mortgage pay $1,130 a month in housing costs.
Cresco median household income
The median household income in Cresco is $60,608 and the income per person is $29,235. 13.4% of residents live below the poverty line (Iowa: 11.1%).
Housing in Cresco: homes for sale and rent
- Housing units
- 1,789
- Owner-occupied
- 75%
- Renter-occupied
- 25%
- Vacant
- 10.7%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.37
Cresco demographics
- Population
- 3,908
- Median age
- 38.5
- Under 18
- 24%
- 65 and older
- 21.2%
- Households
- 1,598
- Foreign-born
- 1.4%
- Veterans
- 7.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Cresco ›
Education in Cresco
20.7% of adults 25 and older in Cresco have a bachelor's degree or higher (Iowa: 31.4%), and 5% have a graduate or professional degree.
Jobs and commute in Cresco
- Unemployment rate
- 1.2%State: 3.6%
- Average commute
- 18 minState: 20 min
- Work from home
- 8.5%
- Drive alone
- 80.5%
- Public transit
- 0%
- Walk to work
- 3.4%
- Homes with broadband
- 92.9%
Cresco vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cresco | 3,908 | $60,608 | $117,200 | $715 |
| Ridgeway | 315 | $61,607 | $152,100 | $650 |
| Lime Springs | 442 | $53,750 | $99,100 | $538 |
| Protivin | 312 | $71,667 | $116,900 | $594 |
| Harmony | 1,024 | $68,125 | $170,100 | $742 |
| Burr Oak | 225 | $56,250 | $142,500 | $1,208 |
| Spillville | 356 | $54,375 | $157,500 | $870 |
| Canton | 398 | $53,056 | $93,200 | $610 |
| Chester | 150 | $63,438 | $120,800 | $579 |
More for people moving to Cresco
Cresco ZIP code ›Weather and climate ›Living in Cresco: FAQ
What is the median household income in Cresco, IA?
The median household income in Cresco is $60,608, 19% 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 Cresco?
The median home value in Cresco is $117,200, compared with $208,000 in Iowa.
How much is rent in Cresco?
The median gross rent in Cresco is $715 per month, about 22.8% of household income.
Is Cresco, IA a good place to live?
Pluses: home values 44% lower than the state median; an average commute of 18 minutes; unemployment of 1.2%. Minuses: median household income 19% lower than the Iowa median; a poverty rate of 13.4%.
What is the median age in Cresco?
The median age in Cresco is 38.5 years (Iowa: 38.6).
How long is the commute in Cresco?
The average commute to work in Cresco is 18 minutes; 8.5% of workers work from home.
What is the unemployment rate in Cresco?
The unemployment rate in Cresco is 1.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cresco?
20.7% of adults in Cresco 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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