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.
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%).
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+
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.
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
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lacona | 354 | $70,100 | $97,500 | $950 |
| Milo | 731 | $79,904 | $153,100 | $850 |
| Melcher-Dallas | 1,176 | $58,611 | $99,800 | $789 |
| Williamson | 190 | $45,000 | — | $631 |
| Lucas | 145 | $25,500 | $33,800 | — |
| Chariton | 4,242 | $46,979 | $81,900 | $689 |
| Pleasantville | 1,899 | $67,614 | $168,300 | $866 |
| Indianola | 16,044 | $75,453 | $237,500 | $986 |
| Woodburn | 165 | $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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