Living in Grafton, Iowa
Cost of living, income, home prices, rent and demographics of Grafton · Census data 2020–2024
Grafton has 271 residents with a median age of 50.1. The median household income is $48,750 (35% lower than the Iowa median), the median home value is $93,300, the median rent is $638/month.
Grafton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Grafton at a glance
- Population
- 271
- Median age
- 50.1State: 38.6
- Median household income
- $48,750State: $75,059
- Median home value
- $93,300State: $208,000
- Median rent
- $638/moState: $972
- Homeowners
- 68%
- Bachelor's degree or higher
- 14.3%
- Average commute
- 21 min
Is Grafton a good place to live?
Pros: Home values 55% lower than the state median; a poverty rate of 10%.
Cons: Median household income 35% lower than the Iowa median; an average commute of 21 minutes; unemployment of 5.6%.
The weather is best in June to September.
Cost of living in Grafton
Housing is the biggest part of the cost of living. In Grafton the median home value is $93,300, 72% lower than the U.S. median. Renters pay a median of $638 per month, which is 19.6% of household income. Homeowners with a mortgage pay $977 a month in housing costs.
Grafton median household income
The median household income in Grafton is $48,750 and the income per person is $34,649. 10% of residents live below the poverty line (Iowa: 11.1%).
Housing in Grafton: homes for sale and rent
- Housing units
- 159
- Owner-occupied
- 68%
- Renter-occupied
- 32%
- Vacant
- 7.5%Includes seasonal homes
- Median year built
- 1947
- Average household size
- 1.84
Grafton demographics
- Population
- 271
- Median age
- 50.1
- Under 18
- 18.5%
- 65 and older
- 25.5%
- Households
- 147
- Foreign-born
- 0.7%
- Veterans
- 7.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Grafton ›
Education in Grafton
14.3% of adults 25 and older in Grafton have a bachelor's degree or higher (Iowa: 31.4%), and 4.9% have a graduate or professional degree.
Jobs and commute in Grafton
- Unemployment rate
- 5.6%State: 3.6%
- Average commute
- 21 minState: 20 min
- Work from home
- 9.9%
- Drive alone
- 83.4%
- Public transit
- 0%
- Walk to work
- 2.6%
- Homes with broadband
- 70.7%
Grafton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Grafton | 271 | $48,750 | $93,300 | $638 |
| Plymouth | 407 | $80,000 | $125,700 | $831 |
| Manly | 1,320 | $72,813 | $120,300 | $756 |
| Kensett | 270 | $44,643 | $67,100 | $650 |
| St. Ansgar | 1,206 | $76,458 | $152,500 | $912 |
| Rock Falls | 119 | $71,042 | $156,300 | — |
| Mitchell | 117 | $72,500 | $116,100 | — |
| Northwood | 2,040 | $63,450 | $130,300 | $706 |
| Nora Springs | 1,363 | $78,594 | $134,500 | $669 |
More for people moving to Grafton
Grafton ZIP code ›Weather and climate ›Living in Grafton: FAQ
What is the median household income in Grafton, IA?
The median household income in Grafton is $48,750, 35% 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 Grafton?
The median home value in Grafton is $93,300, compared with $208,000 in Iowa.
How much is rent in Grafton?
The median gross rent in Grafton is $638 per month, about 19.6% of household income.
Is Grafton, IA a good place to live?
Pluses: home values 55% lower than the state median; a poverty rate of 10%. Minuses: median household income 35% lower than the Iowa median; an average commute of 21 minutes; unemployment of 5.6%.
What is the median age in Grafton?
The median age in Grafton is 50.1 years (Iowa: 38.6).
How long is the commute in Grafton?
The average commute to work in Grafton is 21 minutes; 9.9% of workers work from home.
What is the unemployment rate in Grafton?
The unemployment rate in Grafton is 5.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Grafton?
14.3% of adults in Grafton 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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