Living in Sloan, Iowa

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

Sloan has 1,018 residents with a median age of 41.8. The median household income is $68,125 (9% lower than the Iowa median), the median home value is $205,900, the median rent is $755/month.

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

Sloan at a glance

Population
1,018
Median age
41.8State: 38.6
Median household income
$68,125State: $75,059
Median home value
$205,900State: $208,000
Median rent
$755/moState: $972
Homeowners
67.4%
Bachelor's degree or higher
27.8%
Average commute
18 min

Is Sloan a good place to live?

Pros: Home values about the same as the state median; an average commute of 18 minutes.

Cons: Median household income 9% lower than the Iowa median; unemployment of 8.4%; a poverty rate of 13.9%.

The weather is best in May–June and August–September.

Cost of living in Sloan

Housing is the biggest part of the cost of living. In Sloan the median home value is $205,900, 38% lower than the U.S. median. Renters pay a median of $755 per month, which is 30.7% of household income. Homeowners with a mortgage pay $1,215 a month in housing costs.

Median home value

Sloan$205,900
Iowa$208,000
United States$332,700

Median monthly rent

Sloan$755
Iowa$972
United States$1,413

Sloan median household income

The median household income in Sloan is $68,125 and the income per person is $49,014. 13.9% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Sloan$68,125
Iowa$75,059
United States$80,734

Housing in Sloan: homes for sale and rent

Housing units
417
Owner-occupied
67.4%
Renter-occupied
32.6%
Vacant
0%Includes seasonal homes
Median year built
1968
Average household size
2.44

Sloan demographics

Population
1,018
Median age
41.8
Under 18
22.2%
65 and older
20.1%
Households
417
Foreign-born
1.7%
Veterans
5.2%Adults 18+

Race and ethnicity

White91.5%
Hispanic or Latino0.3%
Black0%
Asian1.3%

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

Education in Sloan

27.8% of adults 25 and older in Sloan have a bachelor's degree or higher (Iowa: 31.4%), and 10.1% have a graduate or professional degree.

Bachelor's degree or higher

Sloan27.8%
Iowa31.4%
United States35.7%

Jobs and commute in Sloan

Unemployment rate
8.4%State: 3.6%
Average commute
18 minState: 20 min
Work from home
12%
Drive alone
68.3%
Public transit
0%
Walk to work
4.4%
Homes with broadband
93.8%

Sloan vs nearby towns

TownPopulationMedian incomeHome valueRent
Sloan1,018$68,125$205,900$755
Salix402$62,500$161,400$950
Hornick340$85,938$113,300—
Whiting777$73,333$113,800$923
Macy637$42,500$54,400$598
Bronson312$86,458$168,800$1,375
Winnebago1,058$41,447$66,600$577
Sergeant Bluff5,171$123,481$298,500$1,156
Walthill812$70,398$39,400$929

More for people moving to Sloan

Sloan ZIP code ›Weather and climate ›

Living in Sloan: FAQ

What is the median household income in Sloan, IA?

The median household income in Sloan is $68,125, 9% 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 Sloan?

The median home value in Sloan is $205,900, compared with $208,000 in Iowa.

How much is rent in Sloan?

The median gross rent in Sloan is $755 per month, about 30.7% of household income.

Is Sloan, IA a good place to live?

Pluses: home values about the same as the state median; an average commute of 18 minutes. Minuses: median household income 9% lower than the Iowa median; unemployment of 8.4%; a poverty rate of 13.9%.

What is the median age in Sloan?

The median age in Sloan is 41.8 years (Iowa: 38.6).

How long is the commute in Sloan?

The average commute to work in Sloan is 18 minutes; 12% of workers work from home.

What is the unemployment rate in Sloan?

The unemployment rate in Sloan is 8.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Sloan?

27.8% of adults in Sloan 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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