Living in Washburn, Iowa

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

Washburn has 714 residents with a median age of 31.8. The median household income is $61,406 (18% lower than the Iowa median), the median home value is $142,300, the median rent is $985/month.

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

Washburn at a glance

Population
714
Median age
31.8State: 38.6
Median household income
$61,406State: $75,059
Median home value
$142,300State: $208,000
Median rent
$985/moState: $972
Homeowners
84.9%
Bachelor's degree or higher
25.7%
Average commute
14 min

Is Washburn a good place to live?

Pros: Home values 32% lower than the state median; an average commute of 14 minutes; unemployment of 1%; a poverty rate of 2.7%.

Cons: Median household income 18% lower than the Iowa median.

The weather is best in May and July to September.

Cost of living in Washburn

Housing is the biggest part of the cost of living. In Washburn the median home value is $142,300, 57% lower than the U.S. median. Renters pay a median of $985 per month, which is 19.8% of household income. Homeowners with a mortgage pay $1,075 a month in housing costs.

Median home value

Washburn$142,300
Iowa$208,000
United States$332,700

Median monthly rent

Washburn$985
Iowa$972
United States$1,413

Washburn median household income

The median household income in Washburn is $61,406 and the income per person is $33,604. 2.7% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Washburn$61,406
Iowa$75,059
United States$80,734

Housing in Washburn: homes for sale and rent

Housing units
271
Owner-occupied
84.9%
Renter-occupied
15.1%
Vacant
0%Includes seasonal homes
Median year built
1959
Average household size
2.63

Washburn demographics

Population
714
Median age
31.8
Under 18
29.4%
65 and older
13.9%
Households
271
Foreign-born
0%
Veterans
3.4%Adults 18+

Race and ethnicity

White89.9%
Hispanic or Latino1.5%
Black1.5%
Asian0%

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

Education in Washburn

25.7% of adults 25 and older in Washburn have a bachelor's degree or higher (Iowa: 31.4%), and 3.6% have a graduate or professional degree.

Bachelor's degree or higher

Washburn25.7%
Iowa31.4%
United States35.7%

Jobs and commute in Washburn

Unemployment rate
1%State: 3.6%
Average commute
14 minState: 20 min
Work from home
7.4%
Drive alone
87.2%
Public transit
0%
Walk to work
0%
Homes with broadband
100%

Washburn vs nearby towns

TownPopulationMedian incomeHome valueRent
Washburn714$61,406$142,300$985
Gilbertville761$79,583$197,400$643
Evansdale4,518$60,397$150,300$979
Elk Run Heights964$76,500$171,200$1,125
Raymond899$76,711$222,600$1,125
Waterloo67,008$57,480$152,600$923
La Porte City2,071$70,500$163,200$955
Hudson2,699$120,481$242,700$947
Jesup2,561$89,408$190,200$933

More for people moving to Washburn

Washburn ZIP code ›Weather and climate ›

Living in Washburn: FAQ

What is the median household income in Washburn, IA?

The median household income in Washburn is $61,406, 18% 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 Washburn?

The median home value in Washburn is $142,300, compared with $208,000 in Iowa.

How much is rent in Washburn?

The median gross rent in Washburn is $985 per month, about 19.8% of household income.

Is Washburn, IA a good place to live?

Pluses: home values 32% lower than the state median; an average commute of 14 minutes; unemployment of 1%; a poverty rate of 2.7%. Minuses: median household income 18% lower than the Iowa median.

What is the median age in Washburn?

The median age in Washburn is 31.8 years (Iowa: 38.6).

How long is the commute in Washburn?

The average commute to work in Washburn is 14 minutes; 7.4% of workers work from home.

What is the unemployment rate in Washburn?

The unemployment rate in Washburn is 1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Washburn?

25.7% of adults in Washburn 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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