Living in Urbana, Iowa

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

Urbana has 1,639 residents with a median age of 32.8. The median household income is $115,655 (54% higher than the Iowa median), the median home value is $228,900, the median rent is $860/month.

Urbana at a glance

Population
1,639
Median age
32.8State: 38.6
Median household income
$115,655State: $75,059
Median home value
$228,900State: $208,000
Median rent
$860/moState: $972
Homeowners
88.2%
Bachelor's degree or higher
29.1%
Average commute
27 min

Is Urbana a good place to live?

Pros: Median household income 54% higher than the Iowa median; unemployment of 1.9%; a poverty rate of 5.5%.

Cons: Home values 10% higher than the state median; an average commute of 27 minutes.

The weather is best in June to September.

Cost of living in Urbana

Housing is the biggest part of the cost of living. In Urbana the median home value is $228,900, 31% lower than the U.S. median. Renters pay a median of $860 per month, which is 31.2% of household income. Homeowners with a mortgage pay $1,660 a month in housing costs.

Median home value

Urbana$228,900
Iowa$208,000
United States$332,700

Median monthly rent

Urbana$860
Iowa$972
United States$1,413

Urbana median household income

The median household income in Urbana is $115,655 and the income per person is $43,421. 5.5% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Urbana$115,655
Iowa$75,059
United States$80,734

Housing in Urbana: homes for sale and rent

Housing units
589
Owner-occupied
88.2%
Renter-occupied
11.8%
Vacant
4.8%Includes seasonal homes
Median year built
1994
Average household size
2.92

Urbana demographics

Population
1,639
Median age
32.8
Under 18
30.6%
65 and older
10.1%
Households
561
Foreign-born
1.2%
Veterans
8.8%Adults 18+

Race and ethnicity

White90.3%
Hispanic or Latino4.2%
Black0.7%
Asian0.4%

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

Education in Urbana

29.1% of adults 25 and older in Urbana have a bachelor's degree or higher (Iowa: 31.4%), and 9.4% have a graduate or professional degree.

Bachelor's degree or higher

Urbana29.1%
Iowa31.4%
United States35.7%

Jobs and commute in Urbana

Unemployment rate
1.9%State: 3.6%
Average commute
27 minState: 20 min
Work from home
12.7%
Drive alone
83.4%
Public transit
0%
Walk to work
0%
Homes with broadband
88.1%

Urbana vs nearby towns

TownPopulationMedian incomeHome valueRent
Urbana1,639$115,655$228,900$860
Center Point2,562$95,192$212,400$798
Walker661$82,656$172,400$808
Brandon307$61,250$113,800$1,046
Vinton4,948$66,495$152,300$942
Shellsburg868$70,179$175,800$967
Rowley353$60,313$145,800$1,042
Mount Auburn172$79,000$125,000$967
Palo1,438$106,375$282,400$717

More for people moving to Urbana

Urbana ZIP code ›Weather and climate ›

Living in Urbana: FAQ

What is the median household income in Urbana, IA?

The median household income in Urbana is $115,655, 54% 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 Urbana?

The median home value in Urbana is $228,900, compared with $208,000 in Iowa.

How much is rent in Urbana?

The median gross rent in Urbana is $860 per month, about 31.2% of household income.

Is Urbana, IA a good place to live?

Pluses: median household income 54% higher than the Iowa median; unemployment of 1.9%; a poverty rate of 5.5%. Minuses: home values 10% higher than the state median; an average commute of 27 minutes.

What is the median age in Urbana?

The median age in Urbana is 32.8 years (Iowa: 38.6).

How long is the commute in Urbana?

The average commute to work in Urbana is 27 minutes; 12.7% of workers work from home.

What is the unemployment rate in Urbana?

The unemployment rate in Urbana is 1.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Urbana?

29.1% of adults in Urbana 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.

Last updated: