Living in Thornton, Iowa

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

Thornton has 514 residents with a median age of 34.5. The median household income is $67,031 (11% lower than the Iowa median), the median home value is $115,500, the median rent is $839/month.

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

Thornton at a glance

Population
514
Median age
34.5State: 38.6
Median household income
$67,031State: $75,059
Median home value
$115,500State: $208,000
Median rent
$839/moState: $972
Homeowners
84%
Bachelor's degree or higher
17.2%
Average commute
25 min

Is Thornton a good place to live?

Pros: Home values 44% lower than the state median; unemployment of 1.5%; a poverty rate of 9.3%.

Cons: Median household income 11% lower than the Iowa median; an average commute of 25 minutes.

The weather is best in June to September.

Cost of living in Thornton

Housing is the biggest part of the cost of living. In Thornton the median home value is $115,500, 65% lower than the U.S. median. Renters pay a median of $839 per month, which is 22.2% of household income. Homeowners with a mortgage pay $1,094 a month in housing costs.

Median home value

Thornton$115,500
Iowa$208,000
United States$332,700

Median monthly rent

Thornton$839
Iowa$972
United States$1,413

Thornton median household income

The median household income in Thornton is $67,031 and the income per person is $31,958. 9.3% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Thornton$67,031
Iowa$75,059
United States$80,734

Housing in Thornton: homes for sale and rent

Housing units
244
Owner-occupied
84%
Renter-occupied
16%
Vacant
5.3%Includes seasonal homes
Median year built
1953
Average household size
2.23

Thornton demographics

Population
514
Median age
34.5
Under 18
23%
65 and older
20.2%
Households
231
Foreign-born
0.6%
Veterans
4.8%Adults 18+

Race and ethnicity

White92%
Hispanic or Latino9.1%
Black0%
Asian0.2%

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

Education in Thornton

17.2% of adults 25 and older in Thornton have a bachelor's degree or higher (Iowa: 31.4%), and 2.6% have a graduate or professional degree.

Bachelor's degree or higher

Thornton17.2%
Iowa31.4%
United States35.7%

Jobs and commute in Thornton

Unemployment rate
1.5%State: 3.6%
Average commute
25 minState: 20 min
Work from home
8.6%
Drive alone
70.6%
Public transit
0%
Walk to work
3.1%
Homes with broadband
95.7%

Thornton vs nearby towns

TownPopulationMedian incomeHome valueRent
Thornton514$67,031$115,500$839
Swaledale148$51,912$62,900—
Meservey262$46,750$50,800$631
Sheffield1,053$54,458$151,000$700
Rockwell986$60,982$163,300$575
Alexander245$56,250$55,600—
Chapin137$73,091$94,000—
Goodell268$87,813$57,100—
Klemme544$59,256$77,900$477

More for people moving to Thornton

Thornton ZIP code ›Weather and climate ›

Living in Thornton: FAQ

What is the median household income in Thornton, IA?

The median household income in Thornton is $67,031, 11% 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 Thornton?

The median home value in Thornton is $115,500, compared with $208,000 in Iowa.

How much is rent in Thornton?

The median gross rent in Thornton is $839 per month, about 22.2% of household income.

Is Thornton, IA a good place to live?

Pluses: home values 44% lower than the state median; unemployment of 1.5%; a poverty rate of 9.3%. Minuses: median household income 11% lower than the Iowa median; an average commute of 25 minutes.

What is the median age in Thornton?

The median age in Thornton is 34.5 years (Iowa: 38.6).

How long is the commute in Thornton?

The average commute to work in Thornton is 25 minutes; 8.6% of workers work from home.

What is the unemployment rate in Thornton?

The unemployment rate in Thornton is 1.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Thornton?

17.2% of adults in Thornton 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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