Living in Hillsboro, Iowa
Cost of living, income, home prices, rent and demographics of Hillsboro · Census data 2020–2024
Hillsboro has 120 residents with a median age of 47.2. The median household income is $53,125 (29% lower than the Iowa median), the median home value is $55,000, the median rent is $850/month.
Hillsboro is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Hillsboro at a glance
- Population
- 120
- Median age
- 47.2State: 38.6
- Median household income
- $53,125State: $75,059
- Median home value
- $55,000State: $208,000
- Median rent
- $850/moState: $972
- Homeowners
- 77.2%
- Bachelor's degree or higher
- 13.2%
- Average commute
- 41 min
Is Hillsboro a good place to live?
Pros: Home values 74% lower than the state median.
Cons: Median household income 29% lower than the Iowa median; an average commute of 41 minutes; a poverty rate of 15%.
The weather is best in June to September.
Cost of living in Hillsboro
Housing is the biggest part of the cost of living. In Hillsboro the median home value is $55,000, 83% lower than the U.S. median. Renters pay a median of $850 per month, which is 33.1% of household income. Homeowners with a mortgage pay $795 a month in housing costs.
Hillsboro median household income
The median household income in Hillsboro is $53,125 and the income per person is $27,214. 15% of residents live below the poverty line (Iowa: 11.1%).
Housing in Hillsboro: homes for sale and rent
- Housing units
- 85
- Owner-occupied
- 77.2%
- Renter-occupied
- 22.8%
- Vacant
- 32.9%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.11
32.9% of homes are vacant most of the year, a sign that Hillsboro has many vacation and second homes.
Hillsboro demographics
- Population
- 120
- Median age
- 47.2
- Under 18
- 19.2%
- 65 and older
- 21.7%
- Households
- 57
- Foreign-born
- 1.7%
- Veterans
- 13.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Hillsboro ›
Education in Hillsboro
13.2% of adults 25 and older in Hillsboro have a bachelor's degree or higher (Iowa: 31.4%), and 9.2% have a graduate or professional degree.
Jobs and commute in Hillsboro
- Unemployment rate
- 0%State: 3.6%
- Average commute
- 41 minState: 20 min
- Work from home
- 0%
- Drive alone
- 90.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 84.2%
Hillsboro vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hillsboro | 120 | $53,125 | $55,000 | $850 |
| Salem | 349 | $51,250 | $85,700 | $922 |
| Stockport | 210 | $53,125 | $57,500 | $631 |
| Westwood | 130 | $110,833 | $290,000 | — |
| Bonaparte | 302 | $40,909 | $69,600 | $492 |
| Lockridge | 452 | $113,750 | — | $1,118 |
| Mount Pleasant | 8,951 | $61,042 | $160,900 | $826 |
| Birmingham | 454 | $65,000 | $96,300 | $421 |
| Farmington | 540 | $53,333 | $81,400 | $713 |
More for people moving to Hillsboro
Hillsboro ZIP code ›Weather and climate ›Living in Hillsboro: FAQ
What is the median household income in Hillsboro, IA?
The median household income in Hillsboro is $53,125, 29% 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 Hillsboro?
The median home value in Hillsboro is $55,000, compared with $208,000 in Iowa.
How much is rent in Hillsboro?
The median gross rent in Hillsboro is $850 per month, about 33.1% of household income.
Is Hillsboro, IA a good place to live?
Pluses: home values 74% lower than the state median. Minuses: median household income 29% lower than the Iowa median; an average commute of 41 minutes; a poverty rate of 15%.
What is the median age in Hillsboro?
The median age in Hillsboro is 47.2 years (Iowa: 38.6).
How long is the commute in Hillsboro?
The average commute to work in Hillsboro is 41 minutes; 0% of workers work from home.
What is the unemployment rate in Hillsboro?
The unemployment rate in Hillsboro is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hillsboro?
13.2% of adults in Hillsboro 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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