Living in Iona, Minnesota
Cost of living, income, home prices, rent and demographics of Iona · Census data 2020–2024
Iona has 214 residents with a median age of 38.5. The median household income is $44,583 (50% lower than the Minnesota median), the median home value is $65,600, the median rent is $768/month.
Iona is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Iona at a glance
- Population
- 214
- Median age
- 38.5State: 38.8
- Median household income
- $44,583State: $89,062
- Median home value
- $65,600State: $329,300
- Median rent
- $768/moState: $1,280
- Homeowners
- 84.7%
- Bachelor's degree or higher
- 8.1%
- Average commute
- 35 min
Is Iona a good place to live?
Pros: Home values 80% lower than the state median.
Cons: Median household income 50% lower than the Minnesota median; an average commute of 35 minutes; unemployment of 12.3%; a poverty rate of 20.1%.
The weather is best in June to September.
Cost of living in Iona
Housing is the biggest part of the cost of living. In Iona the median home value is $65,600, 80% lower than the U.S. median. Renters pay a median of $768 per month, which is 28.2% of household income. Homeowners with a mortgage pay $1,094 a month in housing costs.
Iona median household income
The median household income in Iona is $44,583 and the income per person is $27,287. 20.1% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Iona: homes for sale and rent
- Housing units
- 85
- Owner-occupied
- 84.7%
- Renter-occupied
- 15.3%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.52
Iona demographics
- Population
- 214
- Median age
- 38.5
- Under 18
- 30.8%
- 65 and older
- 19.6%
- Households
- 85
- Foreign-born
- 0%
- Veterans
- 19.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Iona ›
Education in Iona
8.1% of adults 25 and older in Iona have a bachelor's degree or higher (Minnesota: 39.4%), and 0.7% have a graduate or professional degree.
Jobs and commute in Iona
- Unemployment rate
- 12.3%State: 4.1%
- Average commute
- 35 minState: 23 min
- Work from home
- 26.3%
- Drive alone
- 68.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 88.2%
Iona vs nearby towns
More for people moving to Iona
Iona ZIP code ›Weather and climate ›Living in Iona: FAQ
What is the median household income in Iona, MN?
The median household income in Iona is $44,583, 50% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Iona?
The median home value in Iona is $65,600, compared with $329,300 in Minnesota.
How much is rent in Iona?
The median gross rent in Iona is $768 per month, about 28.2% of household income.
Is Iona, MN a good place to live?
Pluses: home values 80% lower than the state median. Minuses: median household income 50% lower than the Minnesota median; an average commute of 35 minutes; unemployment of 12.3%; a poverty rate of 20.1%.
What is the median age in Iona?
The median age in Iona is 38.5 years (Minnesota: 38.8).
How long is the commute in Iona?
The average commute to work in Iona is 35 minutes; 26.3% of workers work from home.
What is the unemployment rate in Iona?
The unemployment rate in Iona is 12.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Iona?
8.1% of adults in Iona 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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