Grafton, IA
Population 233 · Iowa
About Grafton, IA
Grafton is a small community in Iowa with a population of 233 residents. The median household income is $52,188 per year, which is near the national average. The median age in Grafton is 51.2 years.
Housing in Grafton has a median home value of $94,600 and median monthly rent of $655. Of the 136 total housing units, the majority are owner-occupied, with 89 owner-occupied and 42 renter-occupied units.
The unemployment rate in Grafton is 5.7% and the poverty rate is 11.6%. 14.4% of residents hold a bachelor's degree or higher. The average commute time is 23.3 minutes.
Cost of Living in Grafton, IA
Compared to national averages, Grafton has a median household income of $52,188 (31% below the national median of $75,149). Home values average $94,600, which is 61% below the national median. Monthly rent at $655 is 44% below the US average of $1,163. Within Iowa, Grafton's income is 23% below the state average of $67,947, and home values are 28% below the state median of $132,237.
Why Live in Grafton, IA?
Grafton offers affordable housing with a median home value of $94,600, below the US average of $244,900, and rent that’s lower than the national average at $655/month, and a low poverty rate of 11.6%, better than the national average. Additionally, the city features short commute times averaging just 23.3 minutes.
Potential considerations include median household income ($52,188) that falls below the national average. However, Grafton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grafton has a population of 233 with a median age of 51.2 years. Compare Grafton with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Grafton
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Maharishi Vedic City | 233 | $62,813 | $328,600 | Compare |
| Burr Oak | 234 | $62,813 | $130,900 | Compare |
| Fredonia | 232 | $51,250 | $86,400 | Compare |
| Hancock | 232 | $79,375 | $98,300 | Compare |
| Steamboat Rock | 235 | $44,583 | $78,300 | Compare |
| Alexander | 230 | $78,750 | $54,400 | Compare |
| Luxemburg | 230 | $77,292 | $168,300 | Compare |
| Crystal Lake | 229 | $82,500 | $86,000 | 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 Grafton
What is the population of Grafton, IA?
The population of Grafton, IA is 233 according to the latest Census data.
What is the median household income in Grafton?
The median household income in Grafton, IA is $52,188 per year.
What is the median home value in Grafton?
The median home value in Grafton, IA is $94,600.
What is the average rent in Grafton?
The median monthly rent in Grafton, IA is $655.
What is the unemployment rate in Grafton?
The unemployment rate in Grafton, IA is 5.7%.