Living in Grinnell, Iowa

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

Grinnell has 9,505 residents with a median age of 36.5. The median household income is $65,320 (13% lower than the Iowa median), the median home value is $209,500, the median rent is $895/month.

Grinnell at a glance

Population
9,505
Median age
36.5State: 38.6
Median household income
$65,320State: $75,059
Median home value
$209,500State: $208,000
Median rent
$895/moState: $972
Homeowners
64.6%
Bachelor's degree or higher
37.5%
Average commute
12 min

Is Grinnell a good place to live?

Pros: An average commute of 12 minutes; a poverty rate of 11.1%.

Cons: Median household income 13% lower than the Iowa median; home values about the same as the state median; unemployment of 4%.

The weather is best in June to September.

Cost of living in Grinnell

Housing is the biggest part of the cost of living. In Grinnell the median home value is $209,500, 37% lower than the U.S. median. Renters pay a median of $895 per month, which is 27.9% of household income. Homeowners with a mortgage pay $1,598 a month in housing costs.

Median home value

Grinnell$209,500
Iowa$208,000
United States$332,700

Median monthly rent

Grinnell$895
Iowa$972
United States$1,413

Grinnell median household income

The median household income in Grinnell is $65,320 and the income per person is $36,165. 11.1% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Grinnell$65,320
Iowa$75,059
United States$80,734

Housing in Grinnell: homes for sale and rent

Housing units
3,976
Owner-occupied
64.6%
Renter-occupied
35.4%
Vacant
8.6%Includes seasonal homes
Median year built
1971
Average household size
2.19

Grinnell demographics

Population
9,505
Median age
36.5
Under 18
18.6%
65 and older
21.4%
Households
3,635
Foreign-born
5.7%
Veterans
7.4%Adults 18+

Race and ethnicity

White87%
Hispanic or Latino3.1%
Black1.7%
Asian3.9%

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

Education in Grinnell

37.5% of adults 25 and older in Grinnell have a bachelor's degree or higher (Iowa: 31.4%), and 18.2% have a graduate or professional degree.

Bachelor's degree or higher

Grinnell37.5%
Iowa31.4%
United States35.7%

Jobs and commute in Grinnell

Unemployment rate
4%State: 3.6%
Average commute
12 minState: 20 min
Work from home
17.6%
Drive alone
54.3%
Public transit
0%
Walk to work
19.9%
Homes with broadband
87.4%

Grinnell vs nearby towns

TownPopulationMedian incomeHome valueRent
Grinnell9,505$65,320$209,500$895
Oakland Acres191$103,000$256,300—
Malcom221$76,750$109,800$638
Kellogg676$36,944$115,800$804
Gilman623$101,136$88,700$678
Searsboro109$66,250$104,200$967
Lynnville527$60,682$146,300$631
Sully1,022$90,189$173,700$856
Brooklyn1,459$73,438$137,100$832

More for people moving to Grinnell

Grinnell ZIP code ›Weather and climate ›

Living in Grinnell: FAQ

What is the median household income in Grinnell, IA?

The median household income in Grinnell is $65,320, 13% 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 Grinnell?

The median home value in Grinnell is $209,500, compared with $208,000 in Iowa.

How much is rent in Grinnell?

The median gross rent in Grinnell is $895 per month, about 27.9% of household income.

Is Grinnell, IA a good place to live?

Pluses: an average commute of 12 minutes; a poverty rate of 11.1%. Minuses: median household income 13% lower than the Iowa median; home values about the same as the state median; unemployment of 4%.

What is the median age in Grinnell?

The median age in Grinnell is 36.5 years (Iowa: 38.6).

How long is the commute in Grinnell?

The average commute to work in Grinnell is 12 minutes; 17.6% of workers work from home.

What is the unemployment rate in Grinnell?

The unemployment rate in Grinnell is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Grinnell?

37.5% of adults in Grinnell 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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