Living in Lacona, Iowa

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

Lacona has 354 residents with a median age of 51. The median household income is $70,100 (7% lower than the Iowa median), the median home value is $97,500, the median rent is $950/month.

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

Lacona at a glance

Population
354
Median age
51State: 38.6
Median household income
$70,100State: $75,059
Median home value
$97,500State: $208,000
Median rent
$950/moState: $972
Homeowners
86.4%
Bachelor's degree or higher
15.1%
Average commute
32 min

Is Lacona a good place to live?

Pros: Home values 53% lower than the state median; a poverty rate of 10.7%.

Cons: Median household income 7% lower than the Iowa median; an average commute of 32 minutes; unemployment of 7.7%.

The weather is best in June to September.

Cost of living in Lacona

Housing is the biggest part of the cost of living. In Lacona the median home value is $97,500, 71% lower than the U.S. median. Renters pay a median of $950 per month, which is 14.2% of household income. Homeowners with a mortgage pay $1,333 a month in housing costs.

Median home value

Lacona$97,500
Iowa$208,000
United States$332,700

Median monthly rent

Lacona$950
Iowa$972
United States$1,413

Lacona median household income

The median household income in Lacona is $70,100 and the income per person is $33,566. 10.7% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Lacona$70,100
Iowa$75,059
United States$80,734

Housing in Lacona: homes for sale and rent

Housing units
182
Owner-occupied
86.4%
Renter-occupied
13.6%
Vacant
15.4%Includes seasonal homes
Median year built
1943
Average household size
2.30

Lacona demographics

Population
354
Median age
51
Under 18
17.8%
65 and older
33.1%
Households
154
Foreign-born
0%
Veterans
7.2%Adults 18+

Race and ethnicity

White92.7%
Hispanic or Latino2.5%
Black0%
Asian0%

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

Education in Lacona

15.1% of adults 25 and older in Lacona have a bachelor's degree or higher (Iowa: 31.4%), and 1.6% have a graduate or professional degree.

Bachelor's degree or higher

Lacona15.1%
Iowa31.4%
United States35.7%

Jobs and commute in Lacona

Unemployment rate
7.7%State: 3.6%
Average commute
32 minState: 20 min
Work from home
5%
Drive alone
84.9%
Public transit
0%
Walk to work
2.9%
Homes with broadband
88.3%

Lacona vs nearby towns

TownPopulationMedian incomeHome valueRent
Lacona354$70,100$97,500$950
Milo731$79,904$153,100$850
Melcher-Dallas1,176$58,611$99,800$789
Williamson190$45,000—$631
Lucas145$25,500$33,800—
Chariton4,242$46,979$81,900$689
Pleasantville1,899$67,614$168,300$866
Indianola16,044$75,453$237,500$986
Woodburn165$46,000$73,000—

More for people moving to Lacona

Lacona ZIP code ›Weather and climate ›

Living in Lacona: FAQ

What is the median household income in Lacona, IA?

The median household income in Lacona is $70,100, 7% 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 Lacona?

The median home value in Lacona is $97,500, compared with $208,000 in Iowa.

How much is rent in Lacona?

The median gross rent in Lacona is $950 per month, about 14.2% of household income.

Is Lacona, IA a good place to live?

Pluses: home values 53% lower than the state median; a poverty rate of 10.7%. Minuses: median household income 7% lower than the Iowa median; an average commute of 32 minutes; unemployment of 7.7%.

What is the median age in Lacona?

The median age in Lacona is 51 years (Iowa: 38.6).

How long is the commute in Lacona?

The average commute to work in Lacona is 32 minutes; 5% of workers work from home.

What is the unemployment rate in Lacona?

The unemployment rate in Lacona is 7.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Lacona?

15.1% of adults in Lacona 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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