Living in Eldon, Iowa
Cost of living, income, home prices, rent and demographics of Eldon · Census data 2020–2024
Eldon has 726 residents with a median age of 42.1. The median household income is $47,917 (36% lower than the Iowa median), the median home value is $60,600, the median rent is $692/month.
Eldon is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Eldon at a glance
- Population
- 726
- Median age
- 42.1State: 38.6
- Median household income
- $47,917State: $75,059
- Median home value
- $60,600State: $208,000
- Median rent
- $692/moState: $972
- Homeowners
- 81%
- Bachelor's degree or higher
- 11.2%
- Average commute
- 25 min
Is Eldon a good place to live?
Pros: Home values 71% lower than the state median.
Cons: Median household income 36% lower than the Iowa median; an average commute of 25 minutes; unemployment of 7.2%; a poverty rate of 20.9%.
The weather is best in June to September.
Cost of living in Eldon
Housing is the biggest part of the cost of living. In Eldon the median home value is $60,600, 82% lower than the U.S. median. Renters pay a median of $692 per month, which is 33.3% of household income. Homeowners with a mortgage pay $970 a month in housing costs.
Eldon median household income
The median household income in Eldon is $47,917 and the income per person is $25,156. 20.9% of residents live below the poverty line (Iowa: 11.1%).
Housing in Eldon: homes for sale and rent
- Housing units
- 388
- Owner-occupied
- 81%
- Renter-occupied
- 19%
- Vacant
- 15.7%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.22
Eldon demographics
- Population
- 726
- Median age
- 42.1
- Under 18
- 20.7%
- 65 and older
- 22.5%
- Households
- 327
- Foreign-born
- 0%
- Veterans
- 8.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Eldon ›
Education in Eldon
11.2% of adults 25 and older in Eldon have a bachelor's degree or higher (Iowa: 31.4%), and 3.9% have a graduate or professional degree.
Jobs and commute in Eldon
- Unemployment rate
- 7.2%State: 3.6%
- Average commute
- 25 minState: 20 min
- Work from home
- 5%
- Drive alone
- 80.9%
- Public transit
- 0.7%
- Walk to work
- 0%
- Homes with broadband
- 75.5%
Eldon vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Eldon | 726 | $47,917 | $60,600 | $692 |
| Batavia | 536 | $56,250 | $111,600 | $1,021 |
| Agency | 435 | $67,813 | $157,300 | — |
| Libertyville | 324 | $76,131 | $162,500 | $983 |
| Ottumwa | 25,430 | $61,103 | $106,300 | $921 |
| Maharishi Vedic City | 282 | $66,875 | $325,000 | $1,096 |
| Birmingham | 454 | $65,000 | $96,300 | $421 |
| Fairfield | 9,456 | $51,311 | $156,000 | $870 |
| Bloomfield | 2,742 | $60,769 | $132,000 | $951 |
More for people moving to Eldon
Eldon ZIP code ›Weather and climate ›Living in Eldon: FAQ
What is the median household income in Eldon, IA?
The median household income in Eldon is $47,917, 36% 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 Eldon?
The median home value in Eldon is $60,600, compared with $208,000 in Iowa.
How much is rent in Eldon?
The median gross rent in Eldon is $692 per month, about 33.3% of household income.
Is Eldon, IA a good place to live?
Pluses: home values 71% lower than the state median. Minuses: median household income 36% lower than the Iowa median; an average commute of 25 minutes; unemployment of 7.2%; a poverty rate of 20.9%.
What is the median age in Eldon?
The median age in Eldon is 42.1 years (Iowa: 38.6).
How long is the commute in Eldon?
The average commute to work in Eldon is 25 minutes; 5% of workers work from home.
What is the unemployment rate in Eldon?
The unemployment rate in Eldon is 7.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Eldon?
11.2% of adults in Eldon 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.
Last updated: