Living in Stanhope, Iowa
Cost of living, income, home prices, rent and demographics of Stanhope · Census data 2020–2024
Stanhope has 509 residents with a median age of 40.1. The median household income is $60,750 (19% lower than the Iowa median), the median home value is $111,300, the median rent is $547/month.
Stanhope is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Stanhope at a glance
- Population
- 509
- Median age
- 40.1State: 38.6
- Median household income
- $60,750State: $75,059
- Median home value
- $111,300State: $208,000
- Median rent
- $547/moState: $972
- Homeowners
- 71.9%
- Bachelor's degree or higher
- 14.2%
- Average commute
- 29 min
Is Stanhope a good place to live?
Pros: Home values 46% lower than the state median; unemployment of 0.4%.
Cons: Median household income 19% lower than the Iowa median; an average commute of 29 minutes; a poverty rate of 11.8%.
The weather is best in June to September.
Cost of living in Stanhope
Housing is the biggest part of the cost of living. In Stanhope the median home value is $111,300, 67% lower than the U.S. median. Renters pay a median of $547 per month, which is 21.8% of household income. Homeowners with a mortgage pay $1,208 a month in housing costs.
Stanhope median household income
The median household income in Stanhope is $60,750 and the income per person is $34,775. 11.8% of residents live below the poverty line (Iowa: 11.1%).
Housing in Stanhope: homes for sale and rent
- Housing units
- 230
- Owner-occupied
- 71.9%
- Renter-occupied
- 28.1%
- Vacant
- 5.7%Includes seasonal homes
- Median year built
- 1952
- Average household size
- 2.35
Stanhope demographics
- Population
- 509
- Median age
- 40.1
- Under 18
- 21.6%
- 65 and older
- 21%
- Households
- 217
- Foreign-born
- 2%
- Veterans
- 5%Adults 18+
Hispanic or Latino can be of any race. Population history of Stanhope ›
Education in Stanhope
14.2% of adults 25 and older in Stanhope have a bachelor's degree or higher (Iowa: 31.4%), and 2.6% have a graduate or professional degree.
Jobs and commute in Stanhope
- Unemployment rate
- 0.4%State: 3.6%
- Average commute
- 29 minState: 20 min
- Work from home
- 3.6%
- Drive alone
- 84.9%
- Public transit
- 0%
- Walk to work
- 7.2%
- Homes with broadband
- 83.9%
Stanhope vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Stanhope | 509 | $60,750 | $111,300 | $547 |
| Stratford | 735 | $47,875 | $89,300 | $588 |
| Kamrar | 145 | $48,750 | $73,800 | $443 |
| Jewell Junction | 1,084 | $81,250 | $148,100 | $906 |
| Randall | 142 | $72,321 | $110,800 | — |
| Ellsworth | 482 | $77,500 | $149,000 | $875 |
| Webster City | 7,769 | $63,430 | $127,200 | $907 |
| Story City | 3,398 | $96,605 | $215,600 | $999 |
| Lehigh | 340 | $54,500 | $75,000 | $669 |
More for people moving to Stanhope
Stanhope ZIP code ›Weather and climate ›Living in Stanhope: FAQ
What is the median household income in Stanhope, IA?
The median household income in Stanhope is $60,750, 19% 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 Stanhope?
The median home value in Stanhope is $111,300, compared with $208,000 in Iowa.
How much is rent in Stanhope?
The median gross rent in Stanhope is $547 per month, about 21.8% of household income.
Is Stanhope, IA a good place to live?
Pluses: home values 46% lower than the state median; unemployment of 0.4%. Minuses: median household income 19% lower than the Iowa median; an average commute of 29 minutes; a poverty rate of 11.8%.
What is the median age in Stanhope?
The median age in Stanhope is 40.1 years (Iowa: 38.6).
How long is the commute in Stanhope?
The average commute to work in Stanhope is 29 minutes; 3.6% of workers work from home.
What is the unemployment rate in Stanhope?
The unemployment rate in Stanhope is 0.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Stanhope?
14.2% of adults in Stanhope 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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