Living in Janesville, Iowa
Cost of living, income, home prices, rent and demographics of Janesville · Census data 2020–2024
Janesville has 917 residents with a median age of 47. The median household income is $103,542 (38% higher than the Iowa median), the median home value is $221,700, the median rent is $717/month.
Janesville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Janesville at a glance
- Population
- 917
- Median age
- 47State: 38.6
- Median household income
- $103,542State: $75,059
- Median home value
- $221,700State: $208,000
- Median rent
- $717/moState: $972
- Homeowners
- 91.4%
- Bachelor's degree or higher
- 28.9%
- Average commute
- 20 min
Is Janesville a good place to live?
Pros: Median household income 38% higher than the Iowa median; unemployment of 2.9%; a poverty rate of 5.5%.
Cons: Home values 7% higher than the state median; an average commute of 20 minutes.
The weather is best in May and July to September.
Cost of living in Janesville
Housing is the biggest part of the cost of living. In Janesville the median home value is $221,700, 33% lower than the U.S. median. Renters pay a median of $717 per month, which is 23.8% of household income. Homeowners with a mortgage pay $1,572 a month in housing costs.
Janesville median household income
The median household income in Janesville is $103,542 and the income per person is $42,115. 5.5% of residents live below the poverty line (Iowa: 11.1%).
Housing in Janesville: homes for sale and rent
- Housing units
- 429
- Owner-occupied
- 91.4%
- Renter-occupied
- 8.6%
- Vacant
- 15.9%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.54
Janesville demographics
- Population
- 917
- Median age
- 47
- Under 18
- 21.2%
- 65 and older
- 15.5%
- Households
- 361
- Foreign-born
- 1.5%
- Veterans
- 6.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Janesville ›
Education in Janesville
28.9% of adults 25 and older in Janesville have a bachelor's degree or higher (Iowa: 31.4%), and 4.6% have a graduate or professional degree.
Jobs and commute in Janesville
- Unemployment rate
- 2.9%State: 3.6%
- Average commute
- 20 minState: 20 min
- Work from home
- 8.5%
- Drive alone
- 79.2%
- Public transit
- 0%
- Walk to work
- 2.9%
- Homes with broadband
- 98.3%
Janesville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Janesville | 917 | $103,542 | $221,700 | $717 |
| Waverly | 10,494 | $80,284 | $223,300 | $1,057 |
| Denver | 2,379 | $92,000 | $229,200 | $859 |
| Shell Rock | 1,625 | $78,657 | $163,100 | $931 |
| Cedar Falls | 40,888 | $76,987 | $263,600 | $1,203 |
| New Hartford | 675 | $84,375 | $114,700 | $875 |
| Waterloo | 67,008 | $57,480 | $152,600 | $923 |
| Readlyn | 736 | $86,103 | $168,400 | $588 |
| Clarksville | 1,237 | $62,917 | $125,900 | $728 |
More for people moving to Janesville
Janesville ZIP code ›Weather and climate ›Living in Janesville: FAQ
What is the median household income in Janesville, IA?
The median household income in Janesville is $103,542, 38% higher 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 Janesville?
The median home value in Janesville is $221,700, compared with $208,000 in Iowa.
How much is rent in Janesville?
The median gross rent in Janesville is $717 per month, about 23.8% of household income.
Is Janesville, IA a good place to live?
Pluses: median household income 38% higher than the Iowa median; unemployment of 2.9%; a poverty rate of 5.5%. Minuses: home values 7% higher than the state median; an average commute of 20 minutes.
What is the median age in Janesville?
The median age in Janesville is 47 years (Iowa: 38.6).
How long is the commute in Janesville?
The average commute to work in Janesville is 20 minutes; 8.5% of workers work from home.
What is the unemployment rate in Janesville?
The unemployment rate in Janesville is 2.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Janesville?
28.9% of adults in Janesville 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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