Armstrong, IA
Population 709 · Iowa
About Armstrong, IA
Armstrong is a small community located in Iowa with a population of 709 residents according to the latest US Census Bureau American Community Survey data. The median household income is $52,279 per year, which is 30% below the national median of $75,149. The median age of 62.3 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 Armstrong features a median home value of $86,400, which is 65% below the national median of $244,900. This makes Armstrong one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $632, 46% below the national average of $1,163/month. Of the 409 total housing units, 85% are owner-occupied (290 units) and 15% are renter-occupied (53 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Armstrong shows an unemployment rate of 7.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Armstrong have an average one-way commute time of 16.7 minutes, one of the shorter commutes in the region.
Education & Demographics
11.7% of Armstrong 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, 0.0% Hispanic or Latino, 0.6% Black or African American, and 0.0% Asian residents, with 1.3% of the population being foreign-born.
Cost of Living in Armstrong, IA
Compared to national averages, Armstrong has a median household income of $52,279 (30% below the national median of $75,149). Home values average $86,400, which is 65% below the national median. Monthly rent at $632 is 46% below the US average of $1,163. Within Iowa, Armstrong's income is 23% below the state average of $67,947, and home values are 35% below the state median of $132,237.
Why Live in Armstrong, IA?
Armstrong offers affordable housing with a median home value of $86,400, below the US average of $244,900, and rent that’s lower than the national average at $632/month, and a low poverty rate of 6.1%, better than the national average. Additionally, the city features short commute times averaging just 16.7 minutes.
Potential considerations include median household income ($52,279) that falls below the national average. However, Armstrong’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Armstrong has a population of 709 with a median age of 62.3 years. Compare Armstrong with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Armstrong
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ventura | 708 | $83,125 | $344,800 | Compare |
| Wellsburg | 710 | $63,125 | $110,800 | Compare |
| Long Grove | 707 | $124,297 | $295,900 | Compare |
| Melbourne | 714 | $82,857 | $147,400 | Compare |
| University Park | 704 | $65,815 | $92,700 | Compare |
| Boyden | 702 | $81,354 | $175,300 | Compare |
| Hazleton | 698 | $53,542 | $80,100 | Compare |
| Stratford | 696 | $40,833 | $81,100 | 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 Armstrong With Other Cities
Frequently Asked Questions about Armstrong
What is the population of Armstrong, IA?
The population of Armstrong, IA is 709 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 Armstrong?
The median household income in Armstrong, IA is $52,279 per year, which is 30% below the national median of $75,149.
What is the median home value in Armstrong?
The median home value in Armstrong, IA is $86,400, which is 65% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Armstrong?
The median monthly rent in Armstrong, IA is $632, which is 46% below the national average of $1,163/month.
What is the unemployment rate in Armstrong?
The unemployment rate in Armstrong, IA is 7.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Armstrong, IA a good place to live?
Armstrong offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 709 and a median age of 62.3, the city appeals to established professionals and retirees.
How educated is Armstrong, IA?
11.7% of residents in Armstrong 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 Armstrong?
Key cost-of-living indicators for Armstrong, IA: median home value is $86,400 (65% below national), median rent is $632/month, and median household income is $52,279. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Armstrong?
The poverty rate in Armstrong, IA is 6.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Armstrong, IA?
Armstrong's population is 0.0% White, 0.0% Hispanic or Latino, 0.6% Black or African American, 0.0% Asian, and 1.1% two or more races. 1.3% of residents are foreign-born.