Living in Grand River, Iowa

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

Grand River has 166 residents with a median age of 47.5. The median household income is $40,156 (47% lower than the Iowa median), the median home value is $40,000.

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

Grand River at a glance

Population
166
Median age
47.5State: 38.6
Median household income
$40,156State: $75,059
Median home value
$40,000State: $208,000
Homeowners
73.3%
Bachelor's degree or higher
14%
Average commute
34 min

Is Grand River a good place to live?

Pros: Home values 81% lower than the state median; unemployment of 1.4%.

Cons: Median household income 47% lower than the Iowa median; an average commute of 34 minutes; a poverty rate of 19.3%.

The weather is best in June to September.

Cost of living in Grand River

Housing is the biggest part of the cost of living. In Grand River the median home value is $40,000, 88% lower than the U.S. median. Renters pay a median of — per month, which is 38.3% of household income. Homeowners with a mortgage pay $825 a month in housing costs.

Median home value

Grand River$40,000
Iowa$208,000
United States$332,700

Median monthly rent

Iowa$972
United States$1,413

Grand River median household income

The median household income in Grand River is $40,156 and the income per person is $28,698. 19.3% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Grand River$40,156
Iowa$75,059
United States$80,734

Housing in Grand River: homes for sale and rent

Housing units
105
Owner-occupied
73.3%
Renter-occupied
26.7%
Vacant
14.3%Includes seasonal homes
Median year built
1938
Average household size
1.84

Grand River demographics

Population
166
Median age
47.5
Under 18
10.2%
65 and older
31.3%
Households
90
Foreign-born
0%
Veterans
13.4%Adults 18+

Race and ethnicity

White100%
Hispanic or Latino0%
Black0%
Asian0%

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

Education in Grand River

14% of adults 25 and older in Grand River have a bachelor's degree or higher (Iowa: 31.4%), and 7.8% have a graduate or professional degree.

Bachelor's degree or higher

Grand River14%
Iowa31.4%
United States35.7%

Jobs and commute in Grand River

Unemployment rate
1.4%State: 3.6%
Average commute
34 minState: 20 min
Work from home
2.8%
Drive alone
93.1%
Public transit
0%
Walk to work
0%
Homes with broadband
76.7%

Grand River vs nearby towns

TownPopulationMedian incomeHome valueRent
Grand River166$40,156$40,000—
Sun Valley Lake163$135,521$637,000—
Decatur190$45,781$101,000—
Kellerton286$46,875$59,200$598
Van Wert188$74,375$66,800$775
Leon1,899$54,231$99,800$577
Tingley128$62,083$75,000$788
Lamoni2,207$54,554$113,400$644
Davis City160$36,833$54,300—

More for people moving to Grand River

Grand River ZIP code ›Weather and climate ›

Living in Grand River: FAQ

What is the median household income in Grand River, IA?

The median household income in Grand River is $40,156, 47% 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 Grand River?

The median home value in Grand River is $40,000, compared with $208,000 in Iowa.

Is Grand River, IA a good place to live?

Pluses: home values 81% lower than the state median; unemployment of 1.4%. Minuses: median household income 47% lower than the Iowa median; an average commute of 34 minutes; a poverty rate of 19.3%.

What is the median age in Grand River?

The median age in Grand River is 47.5 years (Iowa: 38.6).

How long is the commute in Grand River?

The average commute to work in Grand River is 34 minutes; 2.8% of workers work from home.

What is the unemployment rate in Grand River?

The unemployment rate in Grand River is 1.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Grand River?

14% of adults in Grand River 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: