Correctionville, IA
Population 768 · Iowa
About Correctionville, IA
Correctionville is a small community in Iowa with a population of 768 residents. The median household income is $51,125 per year, which is near the national average. The median age in Correctionville is 35.5 years.
Housing in Correctionville has a median home value of $83,000 and median monthly rent of $775. Of the 336 total housing units, the majority are owner-occupied, with 262 owner-occupied and 31 renter-occupied units.
The unemployment rate in Correctionville is 2.3% and the poverty rate is 14.8%. 12.6% of residents hold a bachelor's degree or higher. The average commute time is 31.7 minutes.
Cost of Living in Correctionville, IA
Compared to national averages, Correctionville has a median household income of $51,125 (32% below the national median of $75,149). Home values average $83,000, which is 66% below the national median. Monthly rent at $775 is 33% below the US average of $1,163. Within Iowa, Correctionville's income is 25% below the state average of $67,947, and home values are 37% below the state median of $132,237.
Why Live in Correctionville, IA?
Correctionville offers affordable housing with a median home value of $83,000, below the US average of $244,900, and rent that’s lower than the national average at $775/month, and a strong job market with an unemployment rate of just 2.3%.
Potential considerations include median household income ($51,125) that falls below the national average. However, Correctionville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Correctionville has a population of 768 with a median age of 35.5 years. Compare Correctionville with other cities to see how it stacks up, or explore all cities in Iowa.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Correctionville
What is the population of Correctionville, IA?
The population of Correctionville, IA is 768 according to the latest Census data.
What is the median household income in Correctionville?
The median household income in Correctionville, IA is $51,125 per year.
What is the median home value in Correctionville?
The median home value in Correctionville, IA is $83,000.
What is the average rent in Correctionville?
The median monthly rent in Correctionville, IA is $775.
What is the unemployment rate in Correctionville?
The unemployment rate in Correctionville, IA is 2.3%.