Living in Indianola, Iowa

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

Indianola has 16,044 residents with a median age of 35.9. The median household income is $75,453 (about the same as the Iowa median), the median home value is $237,500, the median rent is $986/month.

Indianola at a glance

Population
16,044
Median age
35.9State: 38.6
Median household income
$75,453State: $75,059
Median home value
$237,500State: $208,000
Median rent
$986/moState: $972
Homeowners
69.9%
Bachelor's degree or higher
35%
Average commute
22 min

Is Indianola a good place to live?

Pros: Median household income about the same as the Iowa median; a poverty rate of 6.4%.

Cons: Home values 14% higher than the state median; an average commute of 22 minutes; unemployment of 4%.

The weather is best in June to September.

Cost of living in Indianola

Housing is the biggest part of the cost of living. In Indianola the median home value is $237,500, 29% lower than the U.S. median. Renters pay a median of $986 per month, which is 28.4% of household income. Homeowners with a mortgage pay $1,692 a month in housing costs.

Median home value

Indianola$237,500
Iowa$208,000
United States$332,700

Median monthly rent

Indianola$986
Iowa$972
United States$1,413

Indianola median household income

The median household income in Indianola is $75,453 and the income per person is $36,086. 6.4% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Indianola$75,453
Iowa$75,059
United States$80,734

Housing in Indianola: homes for sale and rent

Housing units
6,525
Owner-occupied
69.9%
Renter-occupied
30.1%
Vacant
5.7%Includes seasonal homes
Median year built
1979
Average household size
2.38

Indianola demographics

Population
16,044
Median age
35.9
Under 18
22.4%
65 and older
18.1%
Households
6,152
Foreign-born
1.1%
Veterans
6.4%Adults 18+

Race and ethnicity

White92.9%
Hispanic or Latino2.9%
Black1.3%
Asian0.9%

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

Education in Indianola

35% of adults 25 and older in Indianola have a bachelor's degree or higher (Iowa: 31.4%), and 11.9% have a graduate or professional degree.

Bachelor's degree or higher

Indianola35%
Iowa31.4%
United States35.7%

Jobs and commute in Indianola

Unemployment rate
4%State: 3.6%
Average commute
22 minState: 20 min
Work from home
14.3%
Drive alone
73.3%
Public transit
0%
Walk to work
5.7%
Homes with broadband
91%

Indianola vs nearby towns

TownPopulationMedian incomeHome valueRent
Indianola16,044$75,453$237,500$986
Milo731$79,904$153,100$850
Martensdale569$57,500$181,400$858
Hartford760$70,000$176,700$1,167
Norwalk14,183$102,722$303,100$838
Carlisle4,255$109,191$234,300$1,000
Cumming545$162,875$508,000$1,163
St. Charles914$82,841$221,300$855
Des Moines212,421$65,932$194,700$1,090

More for people moving to Indianola

Indianola ZIP code ›Weather and climate ›

Living in Indianola: FAQ

What is the median household income in Indianola, IA?

The median household income in Indianola is $75,453, about the same as 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 Indianola?

The median home value in Indianola is $237,500, compared with $208,000 in Iowa.

How much is rent in Indianola?

The median gross rent in Indianola is $986 per month, about 28.4% of household income.

Is Indianola, IA a good place to live?

Pluses: median household income about the same as the Iowa median; a poverty rate of 6.4%. Minuses: home values 14% higher than the state median; an average commute of 22 minutes; unemployment of 4%.

What is the median age in Indianola?

The median age in Indianola is 35.9 years (Iowa: 38.6).

How long is the commute in Indianola?

The average commute to work in Indianola is 22 minutes; 14.3% of workers work from home.

What is the unemployment rate in Indianola?

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

How educated is Indianola?

35% of adults in Indianola 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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