Living in Maxwell, Iowa

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

Maxwell has 905 residents with a median age of 34.1. The median household income is $97,639 (30% higher than the Iowa median), the median home value is $184,600, the median rent is $650/month.

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

Maxwell at a glance

Population
905
Median age
34.1State: 38.6
Median household income
$97,639State: $75,059
Median home value
$184,600State: $208,000
Median rent
$650/moState: $972
Homeowners
88.2%
Bachelor's degree or higher
28.9%
Average commute
29 min

Is Maxwell a good place to live?

Pros: Median household income 30% higher than the Iowa median; home values 11% lower than the state median; unemployment of 1.2%; a poverty rate of 4.1%.

Cons: An average commute of 29 minutes.

The weather is best in June to September.

Cost of living in Maxwell

Housing is the biggest part of the cost of living. In Maxwell the median home value is $184,600, 45% lower than the U.S. median. Renters pay a median of $650 per month, which is 31.1% of household income. Homeowners with a mortgage pay $1,640 a month in housing costs.

Median home value

Maxwell$184,600
Iowa$208,000
United States$332,700

Median monthly rent

Maxwell$650
Iowa$972
United States$1,413

Maxwell median household income

The median household income in Maxwell is $97,639 and the income per person is $40,831. 4.1% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Maxwell$97,639
Iowa$75,059
United States$80,734

Housing in Maxwell: homes for sale and rent

Housing units
371
Owner-occupied
88.2%
Renter-occupied
11.8%
Vacant
4.3%Includes seasonal homes
Median year built
1955
Average household size
2.55

Maxwell demographics

Population
905
Median age
34.1
Under 18
25.4%
65 and older
13.6%
Households
355
Foreign-born
1.1%
Veterans
6.2%Adults 18+

Race and ethnicity

White90.1%
Hispanic or Latino5.4%
Black0%
Asian2.1%

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

Education in Maxwell

28.9% of adults 25 and older in Maxwell have a bachelor's degree or higher (Iowa: 31.4%), and 7.4% have a graduate or professional degree.

Bachelor's degree or higher

Maxwell28.9%
Iowa31.4%
United States35.7%

Jobs and commute in Maxwell

Unemployment rate
1.2%State: 3.6%
Average commute
29 minState: 20 min
Work from home
9%
Drive alone
87.4%
Public transit
0%
Walk to work
0.4%
Homes with broadband
89.6%

Maxwell vs nearby towns

TownPopulationMedian incomeHome valueRent
Maxwell905$97,639$184,600$650
Collins533$67,500$159,200$862
Cambridge803$57,333$178,100$1,043
Elkhart899$84,554$253,900$836
Colo686$64,000$152,000$950
Nevada6,983$75,094$182,400$953
Huxley4,544$112,094$297,100$1,393
Mingo328$71,000$144,300$734
Rhodes265$73,083$98,000$491

More for people moving to Maxwell

Maxwell ZIP code ›Weather and climate ›

Living in Maxwell: FAQ

What is the median household income in Maxwell, IA?

The median household income in Maxwell is $97,639, 30% higher 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 Maxwell?

The median home value in Maxwell is $184,600, compared with $208,000 in Iowa.

How much is rent in Maxwell?

The median gross rent in Maxwell is $650 per month, about 31.1% of household income.

Is Maxwell, IA a good place to live?

Pluses: median household income 30% higher than the Iowa median; home values 11% lower than the state median; unemployment of 1.2%; a poverty rate of 4.1%. Minuses: an average commute of 29 minutes.

What is the median age in Maxwell?

The median age in Maxwell is 34.1 years (Iowa: 38.6).

How long is the commute in Maxwell?

The average commute to work in Maxwell is 29 minutes; 9% of workers work from home.

What is the unemployment rate in Maxwell?

The unemployment rate in Maxwell is 1.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Maxwell?

28.9% of adults in Maxwell 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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