Living in Mingo, Iowa
Cost of living, income, home prices, rent and demographics of Mingo · Census data 2020–2024
Mingo has 328 residents with a median age of 41.4. The median household income is $71,000 (5% lower than the Iowa median), the median home value is $144,300, the median rent is $734/month.
Mingo is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Mingo at a glance
- Population
- 328
- Median age
- 41.4State: 38.6
- Median household income
- $71,000State: $75,059
- Median home value
- $144,300State: $208,000
- Median rent
- $734/moState: $972
- Homeowners
- 74.3%
- Bachelor's degree or higher
- 19.2%
- Average commute
- 31 min
Is Mingo a good place to live?
Pros: Home values 31% lower than the state median; unemployment of 0.5%; a poverty rate of 3%.
Cons: Median household income 5% lower than the Iowa median; an average commute of 31 minutes.
The weather is best in June to September.
Cost of living in Mingo
Housing is the biggest part of the cost of living. In Mingo the median home value is $144,300, 57% lower than the U.S. median. Renters pay a median of $734 per month, which is 18.3% of household income. Homeowners with a mortgage pay $1,175 a month in housing costs.
Mingo median household income
The median household income in Mingo is $71,000 and the income per person is $39,217. 3% of residents live below the poverty line (Iowa: 11.1%).
Housing in Mingo: homes for sale and rent
- Housing units
- 145
- Owner-occupied
- 74.3%
- Renter-occupied
- 25.7%
- Vacant
- 6.2%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 2.41
Mingo demographics
- Population
- 328
- Median age
- 41.4
- Under 18
- 22.6%
- 65 and older
- 11.9%
- Households
- 136
- Foreign-born
- 0%
- Veterans
- 5%Adults 18+
Hispanic or Latino can be of any race. Population history of Mingo ›
Education in Mingo
19.2% of adults 25 and older in Mingo have a bachelor's degree or higher (Iowa: 31.4%), and 2.2% have a graduate or professional degree.
Jobs and commute in Mingo
- Unemployment rate
- 0.5%State: 3.6%
- Average commute
- 31 minState: 20 min
- Work from home
- 7.7%
- Drive alone
- 89.6%
- Public transit
- 0%
- Walk to work
- 1.1%
- Homes with broadband
- 91.2%
Mingo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mingo | 328 | $71,000 | $144,300 | $734 |
| Colfax | 2,210 | $79,318 | $178,000 | $789 |
| Baxter | 1,247 | $60,952 | $166,700 | $900 |
| Mitchellville | 2,579 | $81,172 | $206,600 | $779 |
| Collins | 533 | $67,500 | $159,200 | $862 |
| Bondurant | 8,560 | $135,674 | $318,800 | $1,337 |
| Maxwell | 905 | $97,639 | $184,600 | $650 |
| Lambs Grove | 181 | $93,750 | $200,000 | — |
| Prairie City | 1,711 | $78,295 | $190,600 | $800 |
More for people moving to Mingo
Mingo ZIP code ›Weather and climate ›Living in Mingo: FAQ
What is the median household income in Mingo, IA?
The median household income in Mingo is $71,000, 5% 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 Mingo?
The median home value in Mingo is $144,300, compared with $208,000 in Iowa.
How much is rent in Mingo?
The median gross rent in Mingo is $734 per month, about 18.3% of household income.
Is Mingo, IA a good place to live?
Pluses: home values 31% lower than the state median; unemployment of 0.5%; a poverty rate of 3%. Minuses: median household income 5% lower than the Iowa median; an average commute of 31 minutes.
What is the median age in Mingo?
The median age in Mingo is 41.4 years (Iowa: 38.6).
How long is the commute in Mingo?
The average commute to work in Mingo is 31 minutes; 7.7% of workers work from home.
What is the unemployment rate in Mingo?
The unemployment rate in Mingo is 0.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mingo?
19.2% of adults in Mingo 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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