Living in Lorimor, Iowa
Cost of living, income, home prices, rent and demographics of Lorimor · Census data 2020–2024
Lorimor has 319 residents with a median age of 46.2. The median household income is $45,500 (39% lower than the Iowa median), the median home value is $68,600, the median rent is $833/month.
Lorimor is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lorimor at a glance
- Population
- 319
- Median age
- 46.2State: 38.6
- Median household income
- $45,500State: $75,059
- Median home value
- $68,600State: $208,000
- Median rent
- $833/moState: $972
- Homeowners
- 68.4%
- Bachelor's degree or higher
- 4.2%
- Average commute
- 40 min
Is Lorimor a good place to live?
Pros: Home values 67% lower than the state median.
Cons: Median household income 39% lower than the Iowa median; an average commute of 40 minutes; unemployment of 8.2%; a poverty rate of 21.3%.
The weather is best in June to September.
Cost of living in Lorimor
Housing is the biggest part of the cost of living. In Lorimor the median home value is $68,600, 79% lower than the U.S. median. Renters pay a median of $833 per month, which is 27.5% of household income. Homeowners with a mortgage pay $1,125 a month in housing costs.
Lorimor median household income
The median household income in Lorimor is $45,500 and the income per person is $27,585. 21.3% of residents live below the poverty line (Iowa: 11.1%).
Housing in Lorimor: homes for sale and rent
- Housing units
- 204
- Owner-occupied
- 68.4%
- Renter-occupied
- 31.6%
- Vacant
- 25.5%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.10
Lorimor demographics
- Population
- 319
- Median age
- 46.2
- Under 18
- 22.3%
- 65 and older
- 21.3%
- Households
- 152
- Foreign-born
- 0.6%
- Veterans
- 8.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Lorimor ›
Education in Lorimor
4.2% of adults 25 and older in Lorimor have a bachelor's degree or higher (Iowa: 31.4%), and 2.4% have a graduate or professional degree.
Jobs and commute in Lorimor
- Unemployment rate
- 8.2%State: 3.6%
- Average commute
- 40 minState: 20 min
- Work from home
- 11.1%
- Drive alone
- 70.1%
- Public transit
- 0%
- Walk to work
- 2.6%
- Homes with broadband
- 74.3%
Lorimor vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lorimor | 319 | $45,500 | $68,600 | $833 |
| Murray | 614 | $65,500 | $80,800 | $831 |
| Afton | 817 | $54,545 | $95,300 | $590 |
| Truro | 518 | $78,750 | $195,100 | $888 |
| Winterset | 5,416 | $67,708 | $192,500 | $1,095 |
| Osceola | 5,523 | $68,284 | $146,300 | $943 |
| Creston | 7,435 | $52,633 | $114,500 | $703 |
| St. Charles | 914 | $82,841 | $221,300 | $855 |
| New Virginia | 587 | $77,188 | $180,600 | $971 |
More for people moving to Lorimor
Lorimor ZIP code ›Weather and climate ›Living in Lorimor: FAQ
What is the median household income in Lorimor, IA?
The median household income in Lorimor is $45,500, 39% 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 Lorimor?
The median home value in Lorimor is $68,600, compared with $208,000 in Iowa.
How much is rent in Lorimor?
The median gross rent in Lorimor is $833 per month, about 27.5% of household income.
Is Lorimor, IA a good place to live?
Pluses: home values 67% lower than the state median. Minuses: median household income 39% lower than the Iowa median; an average commute of 40 minutes; unemployment of 8.2%; a poverty rate of 21.3%.
What is the median age in Lorimor?
The median age in Lorimor is 46.2 years (Iowa: 38.6).
How long is the commute in Lorimor?
The average commute to work in Lorimor is 40 minutes; 11.1% of workers work from home.
What is the unemployment rate in Lorimor?
The unemployment rate in Lorimor is 8.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lorimor?
4.2% of adults in Lorimor 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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