Alexander, IA
Population 230 · Iowa
About Alexander, IA
Alexander is a small community located in Iowa with a population of 230 residents according to the latest US Census Bureau American Community Survey data. The median household income is $78,750 per year, which is 5% above the national median of $75,149. The median age of 34.3 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Alexander features a median home value of $54,400, which is 78% below the national median of $244,900. This makes Alexander one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $446, 62% below the national average of $1,163/month. Of the 92 total housing units, 69% are owner-occupied (51 units) and 31% are renter-occupied (23 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Alexander shows an unemployment rate of 3.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 30.4%, above the national average of 12.4%. Workers in Alexander have an average one-way commute time of 25.6 minutes.
Education & Demographics
10.3% of Alexander residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 10.0% White, 0.9% Hispanic or Latino, 0.0% Black or African American, and 4.3% Asian residents, with 1.7% of the population being foreign-born.
How Alexander Ranks in Iowa
Cost of Living in Alexander, IA
Compared to national averages, Alexander has a median household income of $78,750 (5% above the national median of $75,149). Home values average $54,400, which is 78% below the national median. Monthly rent at $446 is 62% below the US average of $1,163. Within Iowa, Alexander's income is 16% above the state average of $67,947, and home values are 59% below the state median of $132,237.
Why Live in Alexander, IA?
Alexander offers a strong local economy with a median household income of $78,750, well above the national average, and affordable housing with a median home value of $54,400, below the US average of $244,900, and rent that’s lower than the national average at $446/month. Additionally, the city features a strong job market with an unemployment rate of just 3.1%.
Alexander has a population of 230 with a median age of 34.3 years. Compare Alexander with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Alexander
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Luxemburg | 230 | $77,292 | $168,300 | Compare |
| Crystal Lake | 229 | $82,500 | $86,000 | Compare |
| Parnell | 229 | $56,667 | $118,800 | Compare |
| Fredonia | 232 | $51,250 | $86,400 | Compare |
| Hancock | 232 | $79,375 | $98,300 | Compare |
| Montpelier | 228 | $69,186 | $253,500 | Compare |
| Williamson | 228 | $53,438 | $47,500 | Compare |
| Grafton | 233 | $52,188 | $94,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Alexander
What is the population of Alexander, IA?
The population of Alexander, IA is 230 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Alexander?
The median household income in Alexander, IA is $78,750 per year, which is 5% above the national median of $75,149.
What is the median home value in Alexander?
The median home value in Alexander, IA is $54,400, which is 78% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Alexander?
The median monthly rent in Alexander, IA is $446, which is 62% below the national average of $1,163/month.
What is the unemployment rate in Alexander?
The unemployment rate in Alexander, IA is 3.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Alexander, IA a good place to live?
Alexander offers above-average incomes, affordable housing, and a strong job market. With a population of 230 and a median age of 34.3, the city appeals to young professionals and families.
How educated is Alexander, IA?
10.3% of residents in Alexander aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Alexander?
Key cost-of-living indicators for Alexander, IA: median home value is $54,400 (78% below national), median rent is $446/month, and median household income is $78,750. The home-value-to-income ratio is 0.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Alexander?
The poverty rate in Alexander, IA is 30.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Alexander, IA?
Alexander's population is 10.0% White, 0.9% Hispanic or Latino, 0.0% Black or African American, 4.3% Asian, and 0.0% two or more races. 1.7% of residents are foreign-born.