Drakesville, IA
Population 152 · Iowa
About Drakesville, IA
Drakesville is a small community in Iowa with a population of 152 residents. The median household income is $76,250 per year, which is above the national average. The median age in Drakesville is 43.5 years.
Housing in Drakesville has a median home value of $110,800 and median monthly rent of $0. Of the 61 total housing units, the majority are owner-occupied, with 55 owner-occupied and 2 renter-occupied units.
The unemployment rate in Drakesville is 16.2% and the poverty rate is 5.9%. 9.3% of residents hold a bachelor's degree or higher. The average commute time is 24 minutes.
Cost of Living in Drakesville, IA
Compared to national averages, Drakesville has a median household income of $76,250 (1% above the national median of $75,149). Home values average $110,800, which is 55% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Drakesville's income is 12% above the state average of $67,947, and home values are 16% below the state median of $132,237.
Why Live in Drakesville, IA?
Drakesville offers a strong local economy with a median household income of $76,250, well above the national average, and affordable housing with a median home value of $110,800, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a low poverty rate of 5.9%, better than the national average, and short commute times averaging just 24 minutes.
Drakesville has a population of 152 with a median age of 43.5 years. Compare Drakesville with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Drakesville
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Westphalia | 151 | $108,542 | $95,000 | Compare |
| Ayrshire | 154 | $55,625 | $26,400 | Compare |
| New Liberty | 154 | $87,857 | $129,500 | Compare |
| Somers | 154 | $49,464 | $77,500 | Compare |
| Homestead | 149 | $82,969 | $140,500 | Compare |
| Magnolia | 148 | $72,500 | $110,000 | Compare |
| Panorama Park | 148 | $91,875 | $162,500 | Compare |
| Smithland | 148 | $83,000 | $75,400 | 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.
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Frequently Asked Questions about Drakesville
What is the population of Drakesville, IA?
The population of Drakesville, IA is 152 according to the latest Census data.
What is the median household income in Drakesville?
The median household income in Drakesville, IA is $76,250 per year.
What is the median home value in Drakesville?
The median home value in Drakesville, IA is $110,800.
What is the average rent in Drakesville?
The median monthly rent in Drakesville, IA is $0.
What is the unemployment rate in Drakesville?
The unemployment rate in Drakesville, IA is 16.2%.