Living in Lu Verne, Iowa
Cost of living, income, home prices, rent and demographics of Lu Verne · Census data 2020–2024
Lu Verne has 318 residents with a median age of 33.4. The median household income is $51,250 (32% lower than the Iowa median), the median home value is $61,700, the median rent is $883/month.
Lu Verne is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lu Verne at a glance
- Population
- 318
- Median age
- 33.4State: 38.6
- Median household income
- $51,250State: $75,059
- Median home value
- $61,700State: $208,000
- Median rent
- $883/moState: $972
- Homeowners
- 77.8%
- Bachelor's degree or higher
- 15.6%
- Average commute
- 20 min
Is Lu Verne a good place to live?
Pros: Home values 70% lower than the state median; unemployment of 3.3%.
Cons: Median household income 32% lower than the Iowa median; an average commute of 20 minutes; a poverty rate of 24.2%.
The weather is best in June to September.
Cost of living in Lu Verne
Housing is the biggest part of the cost of living. In Lu Verne the median home value is $61,700, 81% lower than the U.S. median. Renters pay a median of $883 per month, which is 22.5% of household income. Homeowners with a mortgage pay $990 a month in housing costs.
Lu Verne median household income
The median household income in Lu Verne is $51,250 and the income per person is $24,059. 24.2% of residents live below the poverty line (Iowa: 11.1%).
Housing in Lu Verne: homes for sale and rent
- Housing units
- 156
- Owner-occupied
- 77.8%
- Renter-occupied
- 22.2%
- Vacant
- 13.5%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.36
Lu Verne demographics
- Population
- 318
- Median age
- 33.4
- Under 18
- 30.2%
- 65 and older
- 12.9%
- Households
- 135
- Foreign-born
- 0.3%
- Veterans
- 5%Adults 18+
Hispanic or Latino can be of any race. Population history of Lu Verne ›
Education in Lu Verne
15.6% of adults 25 and older in Lu Verne have a bachelor's degree or higher (Iowa: 31.4%), and 1.1% have a graduate or professional degree.
Jobs and commute in Lu Verne
- Unemployment rate
- 3.3%State: 3.6%
- Average commute
- 20 minState: 20 min
- Work from home
- 6.8%
- Drive alone
- 70.5%
- Public transit
- 0%
- Walk to work
- 5.5%
- Homes with broadband
- 94.8%
Lu Verne vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lu Verne | 318 | $51,250 | $61,700 | $883 |
| Livermore | 416 | $66,250 | $71,500 | $845 |
| Renwick | 229 | $52,125 | $81,100 | $746 |
| Corwith | 249 | $55,313 | $58,300 | $631 |
| Bode | 379 | $59,531 | $75,700 | $647 |
| Wesley | 360 | $68,125 | $95,000 | $525 |
| Algona | 5,377 | $56,040 | $160,800 | $885 |
| Dakota City | 752 | $60,417 | $119,800 | $965 |
| Goldfield | 613 | $53,092 | $108,000 | $607 |
More for people moving to Lu Verne
Lu Verne ZIP code ›Weather and climate ›Living in Lu Verne: FAQ
What is the median household income in Lu Verne, IA?
The median household income in Lu Verne is $51,250, 32% 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 Lu Verne?
The median home value in Lu Verne is $61,700, compared with $208,000 in Iowa.
How much is rent in Lu Verne?
The median gross rent in Lu Verne is $883 per month, about 22.5% of household income.
Is Lu Verne, IA a good place to live?
Pluses: home values 70% lower than the state median; unemployment of 3.3%. Minuses: median household income 32% lower than the Iowa median; an average commute of 20 minutes; a poverty rate of 24.2%.
What is the median age in Lu Verne?
The median age in Lu Verne is 33.4 years (Iowa: 38.6).
How long is the commute in Lu Verne?
The average commute to work in Lu Verne is 20 minutes; 6.8% of workers work from home.
What is the unemployment rate in Lu Verne?
The unemployment rate in Lu Verne is 3.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lu Verne?
15.6% of adults in Lu Verne 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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