Living in Polk City, Iowa

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

Polk City has 6,037 residents with a median age of 39.1. The median household income is $164,389 (119% higher than the Iowa median), the median home value is $414,800, the median rent is $782/month.

Polk City at a glance

Population
6,037
Median age
39.1State: 38.6
Median household income
$164,389State: $75,059
Median home value
$414,800State: $208,000
Median rent
$782/moState: $972
Homeowners
89.1%
Bachelor's degree or higher
44.2%
Average commute
24 min

Is Polk City a good place to live?

Pros: Median household income 119% higher than the Iowa median; unemployment of 3.2%; a poverty rate of 6.7%.

Cons: Home values 99% higher than the state median; an average commute of 24 minutes.

The weather is best in June to September.

Cost of living in Polk City

Housing is the biggest part of the cost of living. In Polk City the median home value is $414,800, 25% higher than the U.S. median. Renters pay a median of $782 per month, which is 25% of household income. Homeowners with a mortgage pay $2,569 a month in housing costs.

Median home value

Polk City$414,800
Iowa$208,000
United States$332,700

Median monthly rent

Polk City$782
Iowa$972
United States$1,413

Polk City median household income

The median household income in Polk City is $164,389 and the income per person is $56,351. 6.7% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Polk City$164,389
Iowa$75,059
United States$80,734

Housing in Polk City: homes for sale and rent

Housing units
2,231
Owner-occupied
89.1%
Renter-occupied
10.9%
Vacant
2.1%Includes seasonal homes
Median year built
2004
Average household size
2.74

Polk City demographics

Population
6,037
Median age
39.1
Under 18
27.8%
65 and older
14.5%
Households
2,184
Foreign-born
0%
Veterans
6%Adults 18+

Race and ethnicity

White96.4%
Hispanic or Latino2.5%
Black0.2%
Asian0%

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

Education in Polk City

44.2% of adults 25 and older in Polk City have a bachelor's degree or higher (Iowa: 31.4%), and 18.1% have a graduate or professional degree.

Bachelor's degree or higher

Polk City44.2%
Iowa31.4%
United States35.7%

Jobs and commute in Polk City

Unemployment rate
3.2%State: 3.6%
Average commute
24 minState: 20 min
Work from home
21.9%
Drive alone
75%
Public transit
0%
Walk to work
0.4%
Homes with broadband
94%

Polk City vs nearby towns

TownPopulationMedian incomeHome valueRent
Polk City6,037$164,389$414,800$782
Granger1,979$112,404$329,400$843
Sheldahl361$80,938$184,700—
Alleman429$121,875$299,200—
Johnston24,384$106,551$369,100$1,338
Slater1,401$97,500$232,800$895
Ankeny72,615$108,198$331,000$1,319
Madrid2,808$89,844$185,600$1,029
Grimes16,366$120,037$304,700$1,251

More for people moving to Polk City

Polk City ZIP code ›Weather and climate ›

Living in Polk City: FAQ

What is the median household income in Polk City, IA?

The median household income in Polk City is $164,389, 119% 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 Polk City?

The median home value in Polk City is $414,800, compared with $208,000 in Iowa.

How much is rent in Polk City?

The median gross rent in Polk City is $782 per month, about 25% of household income.

Is Polk City, IA a good place to live?

Pluses: median household income 119% higher than the Iowa median; unemployment of 3.2%; a poverty rate of 6.7%. Minuses: home values 99% higher than the state median; an average commute of 24 minutes.

What is the median age in Polk City?

The median age in Polk City is 39.1 years (Iowa: 38.6).

How long is the commute in Polk City?

The average commute to work in Polk City is 24 minutes; 21.9% of workers work from home.

What is the unemployment rate in Polk City?

The unemployment rate in Polk City is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Polk City?

44.2% of adults in Polk City 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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