Living in Iola, Wisconsin
Cost of living, income, home prices, rent and demographics of Iola · Census data 2020–2024
Iola has 1,286 residents with a median age of 40.4. The median household income is $44,735 (42% lower than the Wisconsin median), the median home value is $164,200, the median rent is $766/month.
Iola is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Iola at a glance
- Population
- 1,286
- Median age
- 40.4State: 40.2
- Median household income
- $44,735State: $77,485
- Median home value
- $164,200State: $266,500
- Median rent
- $766/moState: $1,087
- Homeowners
- 52.4%
- Bachelor's degree or higher
- 17.2%
- Average commute
- 21 min
Is Iola a good place to live?
Pros: Home values 38% lower than the state median; an average commute of 21 minutes.
Cons: Median household income 42% lower than the Wisconsin median; unemployment of 4.2%; a poverty rate of 13.7%.
The weather is best in June to September.
Cost of living in Iola
Housing is the biggest part of the cost of living. In Iola the median home value is $164,200, 51% lower than the U.S. median. Renters pay a median of $766 per month, which is 31% of household income. Homeowners with a mortgage pay $1,204 a month in housing costs.
Iola median household income
The median household income in Iola is $44,735 and the income per person is $28,580. 13.7% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Iola: homes for sale and rent
- Housing units
- 653
- Owner-occupied
- 52.4%
- Renter-occupied
- 47.6%
- Vacant
- 2.5%Includes seasonal homes
- Median year built
- 1977
- Average household size
- 1.97
Iola demographics
- Population
- 1,286
- Median age
- 40.4
- Under 18
- 21.1%
- 65 and older
- 21.3%
- Households
- 637
- Foreign-born
- 2.1%
- Veterans
- 5.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Iola ›
Education in Iola
17.2% of adults 25 and older in Iola have a bachelor's degree or higher (Wisconsin: 33.4%), and 3.1% have a graduate or professional degree.
Jobs and commute in Iola
- Unemployment rate
- 4.2%State: 3.2%
- Average commute
- 21 minState: 22 min
- Work from home
- 5.3%
- Drive alone
- 76.5%
- Public transit
- 0%
- Walk to work
- 6.3%
- Homes with broadband
- 91.5%
Iola vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Iola | 1,286 | $44,735 | $164,200 | $766 |
| Scandinavia | 379 | $59,375 | $165,900 | $711 |
| Ogdensburg | 189 | $59,479 | $96,700 | $906 |
| Amherst | 1,113 | $64,922 | $244,300 | $856 |
| Nelsonville | 190 | $58,542 | $160,900 | $790 |
| Amherst Junction | 341 | $106,250 | $314,300 | $900 |
| Manawa | 1,337 | $88,393 | $159,400 | $819 |
| Waupaca | 6,283 | $52,727 | $175,600 | $783 |
| King | 1,399 | $84,183 | $145,900 | — |
More for people moving to Iola
Iola ZIP code ›Weather and climate ›Living in Iola: FAQ
What is the median household income in Iola, WI?
The median household income in Iola is $44,735, 42% lower than the Wisconsin median of $77,485 (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 $164,200, compared with $266,500 in Wisconsin.
How much is rent in Iola?
The median gross rent in Iola is $766 per month, about 31% of household income.
Is Iola, WI a good place to live?
Pluses: home values 38% lower than the state median; an average commute of 21 minutes. Minuses: median household income 42% lower than the Wisconsin median; unemployment of 4.2%; a poverty rate of 13.7%.
What is the median age in Iola?
The median age in Iola is 40.4 years (Wisconsin: 40.2).
How long is the commute in Iola?
The average commute to work in Iola is 21 minutes; 5.3% of workers work from home.
What is the unemployment rate in Iola?
The unemployment rate in Iola is 4.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Iola?
17.2% 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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