Eldora, IA
Population 2,622 · Iowa
About Eldora, IA
Eldora is a small town located in Iowa with a population of 2,622 residents according to the latest US Census Bureau American Community Survey data. The median household income is $72,107 per year, which is 4% below the national median of $75,149. The median age of 39.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Eldora features a median home value of $108,800, which is 56% below the national median of $244,900. This makes Eldora one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $735, 37% below the national average of $1,163/month. Of the 1,182 total housing units, 66% are owner-occupied (650 units) and 34% are renter-occupied (335 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Eldora shows an unemployment rate of 2.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Eldora have an average one-way commute time of 21.2 minutes.
Education & Demographics
17.9% of Eldora 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 1.7% White, 5.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 3.4% of the population being foreign-born.
Cost of Living in Eldora, IA
Compared to national averages, Eldora has a median household income of $72,107 (4% below the national median of $75,149). Home values average $108,800, which is 56% below the national median. Monthly rent at $735 is 37% below the US average of $1,163. Within Iowa, Eldora's income is 6% above the state average of $67,947, and home values are 18% below the state median of $132,237.
Why Live in Eldora, IA?
Eldora offers affordable housing with a median home value of $108,800, below the US average of $244,900, and rent that’s lower than the national average at $735/month, and a strong job market with an unemployment rate of just 2.8%. Additionally, the city features a low poverty rate of 7.7%, better than the national average, and short commute times averaging just 21.2 minutes.
Potential considerations include median household income ($72,107) that falls below the national average. However, Eldora’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Eldora has a population of 2,622 with a median age of 39.7 years. Compare Eldora with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Eldora
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hudson | 2,614 | $119,327 | $234,500 | Compare |
| Jesup | 2,596 | $89,297 | $189,600 | Compare |
| Rock Rapids | 2,653 | $61,679 | $207,700 | Compare |
| Center Point | 2,575 | $92,500 | $215,800 | Compare |
| Hawarden | 2,674 | $69,375 | $132,700 | Compare |
| Belmond | 2,678 | $58,750 | $110,800 | Compare |
| Cascade | 2,565 | $69,861 | $196,100 | Compare |
| Kalona | 2,679 | $72,766 | $221,300 | 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 Eldora With Other Cities
Frequently Asked Questions about Eldora
What is the population of Eldora, IA?
The population of Eldora, IA is 2,622 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Iowa.
What is the median household income in Eldora?
The median household income in Eldora, IA is $72,107 per year, which is 4% below the national median of $75,149.
What is the median home value in Eldora?
The median home value in Eldora, IA is $108,800, which is 56% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Eldora?
The median monthly rent in Eldora, IA is $735, which is 37% below the national average of $1,163/month.
What is the unemployment rate in Eldora?
The unemployment rate in Eldora, IA is 2.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Eldora, IA a good place to live?
Eldora offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,622 and a median age of 39.7, the city appeals to a broad range of residents.
How educated is Eldora, IA?
17.9% of residents in Eldora 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 Eldora?
Key cost-of-living indicators for Eldora, IA: median home value is $108,800 (56% below national), median rent is $735/month, and median household income is $72,107. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Eldora?
The poverty rate in Eldora, IA is 7.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Eldora, IA?
Eldora's population is 1.7% White, 5.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 2.3% two or more races. 3.4% of residents are foreign-born.