Living in Iola, Texas
Cost of living, income, home prices, rent and demographics of Iola · Census data 2020–2024
Iola has 372 residents with a median age of 46.4. The median household income is $50,000 (36% lower than the Texas median), the median home value is $133,300, the median rent is $735/month.
Iola is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Iola at a glance
- Population
- 372
- Median age
- 46.4State: 35.6
- Median household income
- $50,000State: $78,476
- Median home value
- $133,300State: $283,800
- Median rent
- $735/moState: $1,403
- Homeowners
- 75.3%
- Bachelor's degree or higher
- 17.6%
- Average commute
- 34 min
Is Iola a good place to live?
Pros: Home values 53% lower than the state median; a poverty rate of 8.3%.
Cons: Median household income 36% lower than the Texas median; an average commute of 34 minutes; unemployment of 12.7%.
The weather is best in March–April and October–November.
Cost of living in Iola
Housing is the biggest part of the cost of living. In Iola the median home value is $133,300, 60% lower than the U.S. median. Renters pay a median of $735 per month, which is 39.7% of household income. Homeowners with a mortgage pay $960 a month in housing costs.
Iola median household income
The median household income in Iola is $50,000 and the income per person is $28,451. 8.3% of residents live below the poverty line (Texas: 13.8%).
Housing in Iola: homes for sale and rent
- Housing units
- 230
- Owner-occupied
- 75.3%
- Renter-occupied
- 24.7%
- Vacant
- 19.1%Includes seasonal homes
- Median year built
- 1987
- Average household size
- 2.00
Iola demographics
- Population
- 372
- Median age
- 46.4
- Under 18
- 13.2%
- 65 and older
- 26.6%
- Households
- 186
- Foreign-born
- 3%
- Veterans
- 8.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Iola ›
Education in Iola
17.6% of adults 25 and older in Iola have a bachelor's degree or higher (Texas: 33.8%), and 4.7% have a graduate or professional degree.
Jobs and commute in Iola
- Unemployment rate
- 12.7%State: 5.3%
- Average commute
- 34 minState: 27 min
- Work from home
- 0.6%
- Drive alone
- 86.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 69.4%
Iola vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Iola | 372 | $50,000 | $133,300 | $735 |
| Bedias | 478 | $36,250 | $235,900 | $1,102 |
| Kurten | 555 | $62,375 | $190,600 | — |
| Wixon Valley | 200 | $116,875 | $275,000 | — |
| Madisonville | 4,552 | $67,175 | $121,300 | $1,014 |
| Normangee | 826 | $52,500 | $188,700 | $948 |
| College Station | 124,570 | $50,900 | $346,700 | $1,194 |
| Bryan | 87,939 | $59,289 | $227,800 | $1,195 |
| Anderson | 202 | $85,000 | $216,200 | — |
More for people moving to Iola
Iola ZIP code ›Weather and climate ›Living in Iola: FAQ
What is the median household income in Iola, TX?
The median household income in Iola is $50,000, 36% lower than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Iola?
The median home value in Iola is $133,300, compared with $283,800 in Texas.
How much is rent in Iola?
The median gross rent in Iola is $735 per month, about 39.7% of household income.
Is Iola, TX a good place to live?
Pluses: home values 53% lower than the state median; a poverty rate of 8.3%. Minuses: median household income 36% lower than the Texas median; an average commute of 34 minutes; unemployment of 12.7%.
What is the median age in Iola?
The median age in Iola is 46.4 years (Texas: 35.6).
How long is the commute in Iola?
The average commute to work in Iola is 34 minutes; 0.6% of workers work from home.
What is the unemployment rate in Iola?
The unemployment rate in Iola is 12.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Iola?
17.6% of adults in Iola 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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