Living in Yale, Iowa
Cost of living, income, home prices, rent and demographics of Yale · Census data 2020–2024
Yale has 405 residents with a median age of 40.5. The median household income is $54,464 (27% lower than the Iowa median), the median home value is $80,800, the median rent is $775/month.
Yale is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Yale at a glance
- Population
- 405
- Median age
- 40.5State: 38.6
- Median household income
- $54,464State: $75,059
- Median home value
- $80,800State: $208,000
- Median rent
- $775/moState: $972
- Homeowners
- 79.9%
- Bachelor's degree or higher
- 12.7%
- Average commute
- 24 min
Is Yale a good place to live?
Pros: Home values 61% lower than the state median.
Cons: Median household income 27% lower than the Iowa median; an average commute of 24 minutes; a poverty rate of 12.3%.
The weather is best in May–June and August–September.
Cost of living in Yale
Housing is the biggest part of the cost of living. In Yale the median home value is $80,800, 76% lower than the U.S. median. Renters pay a median of $775 per month, which is 32.3% of household income. Homeowners with a mortgage pay $933 a month in housing costs.
Yale median household income
The median household income in Yale is $54,464 and the income per person is $31,537. 12.3% of residents live below the poverty line (Iowa: 11.1%).
Housing in Yale: homes for sale and rent
- Housing units
- 176
- Owner-occupied
- 79.9%
- Renter-occupied
- 20.1%
- Vacant
- 4%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.40
Yale demographics
- Population
- 405
- Median age
- 40.5
- Under 18
- 34.6%
- 65 and older
- 16.8%
- Households
- 169
- Foreign-born
- 0%
- Veterans
- 11.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Yale ›
Education in Yale
12.7% of adults 25 and older in Yale have a bachelor's degree or higher (Iowa: 31.4%), and 1.9% have a graduate or professional degree.
Jobs and commute in Yale
- Unemployment rate
- 0%State: 3.6%
- Average commute
- 24 minState: 20 min
- Work from home
- 2.1%
- Drive alone
- 82.1%
- Public transit
- 0%
- Walk to work
- 1%
- Homes with broadband
- 83.4%
Yale vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Yale | 405 | $54,464 | $80,800 | $775 |
| Lake Panorama | 928 | $126,563 | $388,600 | — |
| Jamaica | 189 | $52,250 | $67,000 | $498 |
| Panora | 1,579 | $66,339 | $182,000 | $1,040 |
| Bagley | 223 | $38,906 | $80,000 | $592 |
| Dawson | 102 | $65,313 | $92,500 | — |
| Guthrie Center | 1,689 | $71,116 | $123,800 | $868 |
| Linden | 150 | $107,813 | $112,500 | — |
| Bayard | 398 | $57,250 | $65,800 | $894 |
More for people moving to Yale
Yale ZIP code ›Weather and climate ›Living in Yale: FAQ
What is the median household income in Yale, IA?
The median household income in Yale is $54,464, 27% 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 Yale?
The median home value in Yale is $80,800, compared with $208,000 in Iowa.
How much is rent in Yale?
The median gross rent in Yale is $775 per month, about 32.3% of household income.
Is Yale, IA a good place to live?
Pluses: home values 61% lower than the state median. Minuses: median household income 27% lower than the Iowa median; an average commute of 24 minutes; a poverty rate of 12.3%.
What is the median age in Yale?
The median age in Yale is 40.5 years (Iowa: 38.6).
How long is the commute in Yale?
The average commute to work in Yale is 24 minutes; 2.1% of workers work from home.
What is the unemployment rate in Yale?
The unemployment rate in Yale is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Yale?
12.7% of adults in Yale 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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