Living in Lanesboro, Iowa
Cost of living, income, home prices, rent and demographics of Lanesboro · Census data 2020–2024
Lanesboro has 78 residents with a median age of 65. The median household income is $44,167 (41% lower than the Iowa median), the median home value is $70,000, the median rent is $475/month.
Lanesboro is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lanesboro at a glance
- Population
- 78
- Median age
- 65State: 38.6
- Median household income
- $44,167State: $75,059
- Median home value
- $70,000State: $208,000
- Median rent
- $475/moState: $972
- Homeowners
- 85.2%
- Bachelor's degree or higher
- 7.2%
- Average commute
- 26 min
Is Lanesboro a good place to live?
Pros: Home values 66% lower than the state median.
Cons: Median household income 41% lower than the Iowa median; an average commute of 26 minutes; unemployment of 8.7%; a poverty rate of 14.1%.
The weather is best in June to September.
Cost of living in Lanesboro
Housing is the biggest part of the cost of living. In Lanesboro the median home value is $70,000, 79% lower than the U.S. median. Renters pay a median of $475 per month, which is 20% of household income. Homeowners with a mortgage pay $1,083 a month in housing costs.
Lanesboro median household income
The median household income in Lanesboro is $44,167 and the income per person is $33,929. 14.1% of residents live below the poverty line (Iowa: 11.1%).
Housing in Lanesboro: homes for sale and rent
- Housing units
- 108
- Owner-occupied
- 85.2%
- Renter-occupied
- 14.8%
- Vacant
- 50%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 1.44
50% of homes are vacant most of the year, a sign that Lanesboro has many vacation and second homes.
Lanesboro demographics
- Population
- 78
- Median age
- 65
- Under 18
- 5.1%
- 65 and older
- 50%
- Households
- 54
- Foreign-born
- 0%
- Veterans
- 8.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Lanesboro ›
Education in Lanesboro
7.2% of adults 25 and older in Lanesboro have a bachelor's degree or higher (Iowa: 31.4%), and 0% have a graduate or professional degree.
Jobs and commute in Lanesboro
- Unemployment rate
- 8.7%State: 3.6%
- Average commute
- 26 minState: 20 min
- Work from home
- 7.3%
- Drive alone
- 85.4%
- Public transit
- 0%
- Walk to work
- 7.3%
- Homes with broadband
- 81.5%
Lanesboro vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lanesboro | 78 | $44,167 | $70,000 | $475 |
| Lake City | 1,693 | $74,167 | $100,900 | $763 |
| Lidderdale | 177 | $60,625 | $123,400 | $750 |
| Glidden | 1,169 | $68,333 | $154,200 | $525 |
| Lohrville | 277 | $46,250 | $52,100 | $439 |
| Auburn | 160 | $58,750 | $96,700 | $775 |
| Churdan | 427 | $72,500 | $74,700 | $925 |
| Carroll | 10,208 | $69,706 | $188,700 | $722 |
| Scranton | 542 | $53,864 | $86,300 | $825 |
More for people moving to Lanesboro
Lanesboro ZIP code ›Weather and climate ›Living in Lanesboro: FAQ
What is the median household income in Lanesboro, IA?
The median household income in Lanesboro is $44,167, 41% 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 Lanesboro?
The median home value in Lanesboro is $70,000, compared with $208,000 in Iowa.
How much is rent in Lanesboro?
The median gross rent in Lanesboro is $475 per month, about 20% of household income.
Is Lanesboro, IA a good place to live?
Pluses: home values 66% lower than the state median. Minuses: median household income 41% lower than the Iowa median; an average commute of 26 minutes; unemployment of 8.7%; a poverty rate of 14.1%.
What is the median age in Lanesboro?
The median age in Lanesboro is 65 years (Iowa: 38.6).
How long is the commute in Lanesboro?
The average commute to work in Lanesboro is 26 minutes; 7.3% of workers work from home.
What is the unemployment rate in Lanesboro?
The unemployment rate in Lanesboro is 8.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lanesboro?
7.2% of adults in Lanesboro 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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