Cromwell, IA
Population 87 · Iowa
About Cromwell, IA
Cromwell is a small community located in Iowa with a population of 87 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,500 per year, which is 23% below the national median of $75,149. The median age of 52.6 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 Cromwell features a median home value of $107,100, which is 56% below the national median of $244,900. This makes Cromwell one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 41 total housing units, 89% are owner-occupied (34 units) and 11% are renter-occupied (4 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cromwell shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cromwell have an average one-way commute time of 18.6 minutes, one of the shorter commutes in the region.
Education & Demographics
14.8% of Cromwell 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, 1.1% Hispanic or Latino, 2.3% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Cromwell, IA
Compared to national averages, Cromwell has a median household income of $57,500 (23% below the national median of $75,149). Home values average $107,100, which is 56% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Cromwell's income is 15% below the state average of $67,947, and home values are 19% below the state median of $132,237.
Why Live in Cromwell, IA?
Cromwell offers affordable housing with a median home value of $107,100, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 9.2%, better than the national average, and short commute times averaging just 18.6 minutes.
Potential considerations include median household income ($57,500) that falls below the national average. However, Cromwell’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cromwell has a population of 87 with a median age of 52.6 years. Compare Cromwell 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 Cromwell
What is the population of Cromwell, IA?
The population of Cromwell, IA is 87 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 Cromwell?
The median household income in Cromwell, IA is $57,500 per year, which is 23% below the national median of $75,149.
What is the median home value in Cromwell?
The median home value in Cromwell, IA is $107,100, which is 56% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cromwell?
The median monthly rent in Cromwell, IA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Cromwell?
The unemployment rate in Cromwell, IA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Cromwell, IA a good place to live?
Cromwell offers a moderate cost of living, affordable housing, and a strong job market. With a population of 87 and a median age of 52.6, the city appeals to established professionals and retirees.
How educated is Cromwell, IA?
14.8% of residents in Cromwell 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 Cromwell?
Key cost-of-living indicators for Cromwell, IA: median home value is $107,100 (56% below national), median rent is $0/month, and median household income is $57,500. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cromwell?
The poverty rate in Cromwell, IA is 9.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cromwell, IA?
Cromwell's population is 0.0% White, 1.1% Hispanic or Latino, 2.3% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.