Delaware, IA
Population 126 · Iowa
About Delaware, IA
Delaware is a small community located in Iowa with a population of 126 residents according to the latest US Census Bureau American Community Survey data. The median household income is $72,083 per year, which is 4% below the national median of $75,149. The median age of 54.9 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 Delaware features a median home value of $139,500, which is 43% below the national median of $244,900. This makes Delaware one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $613, 47% below the national average of $1,163/month. Of the 66 total housing units, 75% are owner-occupied (46 units) and 25% are renter-occupied (15 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Delaware shows an unemployment rate of 6.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 1.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Delaware have an average one-way commute time of 19.3 minutes, one of the shorter commutes in the region.
Education & Demographics
9.7% of Delaware 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 7.9% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Delaware, IA
Compared to national averages, Delaware has a median household income of $72,083 (4% below the national median of $75,149). Home values average $139,500, which is 43% below the national median. Monthly rent at $613 is 47% below the US average of $1,163. Within Iowa, Delaware's income is 6% above the state average of $67,947, and home values are 5% above the state median of $132,237.
Why Live in Delaware, IA?
Delaware offers affordable housing with a median home value of $139,500, below the US average of $244,900, and rent that’s lower than the national average at $613/month, and a low poverty rate of 1.6%, better than the national average. Additionally, the city features short commute times averaging just 19.3 minutes.
Potential considerations include median household income ($72,083) that falls below the national average. However, Delaware’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Delaware has a population of 126 with a median age of 54.9 years. Compare Delaware with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Delaware
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| East Peru | 126 | $67,083 | $87,500 | Compare |
| South Amana | 126 | $107,250 | $287,500 | Compare |
| Brayton | 127 | $50,500 | $71,400 | Compare |
| Center Junction | 125 | $32,679 | $57,800 | Compare |
| Centralia | 125 | $73,750 | $230,000 | Compare |
| Lone Rock | 127 | $56,250 | $61,300 | Compare |
| Morrison | 125 | $88,750 | $137,500 | Compare |
| Rock Falls | 125 | $66,875 | $156,300 | 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 Delaware With Other Cities
Frequently Asked Questions about Delaware
What is the population of Delaware, IA?
The population of Delaware, IA is 126 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 Delaware?
The median household income in Delaware, IA is $72,083 per year, which is 4% below the national median of $75,149.
What is the median home value in Delaware?
The median home value in Delaware, IA is $139,500, which is 43% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Delaware?
The median monthly rent in Delaware, IA is $613, which is 47% below the national average of $1,163/month.
What is the unemployment rate in Delaware?
The unemployment rate in Delaware, IA is 6.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Delaware, IA a good place to live?
Delaware offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 126 and a median age of 54.9, the city appeals to established professionals and retirees.
How educated is Delaware, IA?
9.7% of residents in Delaware 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 Delaware?
Key cost-of-living indicators for Delaware, IA: median home value is $139,500 (43% below national), median rent is $613/month, and median household income is $72,083. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Delaware?
The poverty rate in Delaware, IA is 1.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Delaware, IA?
Delaware's population is 7.9% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.