Living in Hamilton, Iowa

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

Hamilton has 107 residents with a median age of 37.6. The median household income is $63,750 (15% lower than the Iowa median), the median home value is $70,000.

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

Hamilton at a glance

Population
107
Median age
37.6State: 38.6
Median household income
$63,750State: $75,059
Median home value
$70,000State: $208,000
Homeowners
80%
Bachelor's degree or higher
9.5%
Average commute
43 min

Is Hamilton a good place to live?

Pros: Home values 66% lower than the state median.

Cons: Median household income 15% lower than the Iowa median; an average commute of 43 minutes; unemployment of 11.4%; a poverty rate of 19.6%.

The weather is best in June to September.

Cost of living in Hamilton

Housing is the biggest part of the cost of living. In Hamilton the median home value is $70,000, 79% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,125 a month in housing costs.

Median home value

Hamilton$70,000
Iowa$208,000
United States$332,700

Median monthly rent

Iowa$972
United States$1,413

Hamilton median household income

The median household income in Hamilton is $63,750 and the income per person is $24,880. 19.6% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Hamilton$63,750
Iowa$75,059
United States$80,734

Housing in Hamilton: homes for sale and rent

Housing units
53
Owner-occupied
80%
Renter-occupied
20%
Vacant
24.5%Includes seasonal homes
Median year built
1985
Average household size
2.68

Hamilton demographics

Population
107
Median age
37.6
Under 18
41.1%
65 and older
7.5%
Households
40
Foreign-born
0%
Veterans
14.3%Adults 18+

Race and ethnicity

White96.3%
Hispanic or Latino0%
Black0%
Asian0%

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

Education in Hamilton

9.5% of adults 25 and older in Hamilton have a bachelor's degree or higher (Iowa: 31.4%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Hamilton9.5%
Iowa31.4%
United States35.7%

Jobs and commute in Hamilton

Unemployment rate
11.4%State: 3.6%
Average commute
43 minState: 20 min
Work from home
0%
Drive alone
84.6%
Public transit
0%
Walk to work
0%
Homes with broadband
75%

Hamilton vs nearby towns

TownPopulationMedian incomeHome valueRent
Hamilton107$63,750$70,000—
Lovilia414$58,750$98,400$750
Bussey414$43,125$79,000$584
Harvey174$52,250$77,500$792
Albia3,663$70,455$130,300$915
Leighton150$66,389$126,600$770
Beacon425$55,625$77,900$650
Eddyville1,163$61,480$104,200$591
Knoxville7,473$61,599$160,300$801

More for people moving to Hamilton

Hamilton ZIP code ›Weather and climate ›

Living in Hamilton: FAQ

What is the median household income in Hamilton, IA?

The median household income in Hamilton is $63,750, 15% 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 Hamilton?

The median home value in Hamilton is $70,000, compared with $208,000 in Iowa.

Is Hamilton, IA a good place to live?

Pluses: home values 66% lower than the state median. Minuses: median household income 15% lower than the Iowa median; an average commute of 43 minutes; unemployment of 11.4%; a poverty rate of 19.6%.

What is the median age in Hamilton?

The median age in Hamilton is 37.6 years (Iowa: 38.6).

How long is the commute in Hamilton?

The average commute to work in Hamilton is 43 minutes; 0% of workers work from home.

What is the unemployment rate in Hamilton?

The unemployment rate in Hamilton is 11.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Hamilton?

9.5% of adults in Hamilton 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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