Eldon, IA
Population 816 · Iowa
About Eldon, IA
Eldon is a small community located in Iowa with a population of 816 residents according to the latest US Census Bureau American Community Survey data. The median household income is $52,813 per year, which is 30% below the national median of $75,149. The median age of 41.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Eldon features a median home value of $57,600, which is 76% below the national median of $244,900. This makes Eldon one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $650, 44% below the national average of $1,163/month. Of the 382 total housing units, 76% are owner-occupied (248 units) and 24% are renter-occupied (79 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Eldon shows an unemployment rate of 7.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 21.1%, above the national average of 12.4%. Workers in Eldon have an average one-way commute time of 26.4 minutes.
Education & Demographics
12.8% of Eldon 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 3.2% White, 1.5% Hispanic or Latino, 0.0% Black or African American, and 1.5% Asian residents, with 1.3% of the population being foreign-born.
Cost of Living in Eldon, IA
Compared to national averages, Eldon has a median household income of $52,813 (30% below the national median of $75,149). Home values average $57,600, which is 76% below the national median. Monthly rent at $650 is 44% below the US average of $1,163. Within Iowa, Eldon's income is 22% below the state average of $67,947, and home values are 56% below the state median of $132,237.
Why Live in Eldon, IA?
Eldon offers affordable housing with a median home value of $57,600, below the US average of $244,900, and rent that’s lower than the national average at $650/month.
Potential considerations include median household income ($52,813) that falls below the national average. However, Eldon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Eldon has a population of 816 with a median age of 41.3 years. Compare Eldon with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Eldon
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Alburnett | 815 | $90,417 | $198,100 | Compare |
| Garnavillo | 815 | $81,250 | $117,200 | Compare |
| Schaller | 817 | $65,909 | $73,700 | Compare |
| Hartford | 814 | $77,917 | $170,900 | Compare |
| Donnellson | 813 | $55,313 | $134,000 | Compare |
| Keota | 819 | $64,500 | $100,300 | Compare |
| Battle Creek | 822 | $59,519 | $72,300 | Compare |
| Shueyville | 810 | $136,250 | $572,700 | 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 Eldon With Other Cities
Frequently Asked Questions about Eldon
What is the population of Eldon, IA?
The population of Eldon, IA is 816 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 Eldon?
The median household income in Eldon, IA is $52,813 per year, which is 30% below the national median of $75,149.
What is the median home value in Eldon?
The median home value in Eldon, IA is $57,600, which is 76% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Eldon?
The median monthly rent in Eldon, IA is $650, which is 44% below the national average of $1,163/month.
What is the unemployment rate in Eldon?
The unemployment rate in Eldon, IA is 7.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Eldon, IA a good place to live?
Eldon offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 816 and a median age of 41.3, the city appeals to a broad range of residents.
How educated is Eldon, IA?
12.8% of residents in Eldon 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 Eldon?
Key cost-of-living indicators for Eldon, IA: median home value is $57,600 (76% below national), median rent is $650/month, and median household income is $52,813. The home-value-to-income ratio is 1.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Eldon?
The poverty rate in Eldon, IA is 21.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Eldon, IA?
Eldon's population is 3.2% White, 1.5% Hispanic or Latino, 0.0% Black or African American, 1.5% Asian, and 0.0% two or more races. 1.3% of residents are foreign-born.