Allison, IA
Population 1,028 · Iowa
About Allison, IA
Allison is a small town located in Iowa with a population of 1,028 residents according to the latest US Census Bureau American Community Survey data. The median household income is $64,306 per year, which is 14% below the national median of $75,149. The median age of 44.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Allison features a median home value of $104,600, which is 57% below the national median of $244,900. This makes Allison one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $619, 47% below the national average of $1,163/month. Of the 519 total housing units, 72% are owner-occupied (332 units) and 28% are renter-occupied (128 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Allison shows an unemployment rate of 0.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Allison have an average one-way commute time of 25.2 minutes.
Education & Demographics
17.7% of Allison 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 0.0% White, 0.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.1% of the population being foreign-born.
How Allison Ranks in Iowa
Cost of Living in Allison, IA
Compared to national averages, Allison has a median household income of $64,306 (14% below the national median of $75,149). Home values average $104,600, which is 57% below the national median. Monthly rent at $619 is 47% below the US average of $1,163. Within Iowa, Allison's income is 5% below the state average of $67,947, and home values are 21% below the state median of $132,237.
Why Live in Allison, IA?
Allison offers affordable housing with a median home value of $104,600, below the US average of $244,900, and rent that’s lower than the national average at $619/month, and a strong job market with an unemployment rate of just 0.5%. Additionally, the city features a low poverty rate of 9.5%, better than the national average.
Potential considerations include median household income ($64,306) that falls below the national average. However, Allison’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Allison has a population of 1,028 with a median age of 44.1 years. Compare Allison with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Allison
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hamburg | 1,034 | $57,727 | $107,300 | Compare |
| Lake View | 1,021 | $66,118 | $154,800 | Compare |
| Griswold | 1,020 | $61,167 | $89,400 | Compare |
| Graettinger | 1,038 | $73,250 | $87,000 | Compare |
| Fredericksburg | 1,040 | $65,809 | $164,100 | Compare |
| Riverside | 1,040 | $81,094 | $191,100 | Compare |
| Keosauqua | 1,014 | $52,083 | $108,000 | Compare |
| Aplington | 1,012 | $70,093 | $131,800 | 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.
Compare Allison With Other Cities
Frequently Asked Questions about Allison
What is the population of Allison, IA?
The population of Allison, IA is 1,028 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Iowa.
What is the median household income in Allison?
The median household income in Allison, IA is $64,306 per year, which is 14% below the national median of $75,149.
What is the median home value in Allison?
The median home value in Allison, IA is $104,600, which is 57% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Allison?
The median monthly rent in Allison, IA is $619, which is 47% below the national average of $1,163/month.
What is the unemployment rate in Allison?
The unemployment rate in Allison, IA is 0.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Allison, IA a good place to live?
Allison offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,028 and a median age of 44.1, the city appeals to a broad range of residents.
How educated is Allison, IA?
17.7% of residents in Allison 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 Allison?
Key cost-of-living indicators for Allison, IA: median home value is $104,600 (57% below national), median rent is $619/month, and median household income is $64,306. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Allison?
The poverty rate in Allison, IA is 9.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Allison, IA?
Allison's population is 0.0% White, 0.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.2% two or more races. 0.1% of residents are foreign-born.