Grand Mound, IA
Population 554 · Iowa
About Grand Mound, IA
Grand Mound is a small community located in Iowa with a population of 554 residents according to the latest US Census Bureau American Community Survey data. The median household income is $84,286 per year, which is 12% above the national median of $75,149. The median age of 33.7 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Grand Mound features a median home value of $150,500, which is 39% below the national median of $244,900. This positions Grand Mound in a moderately priced market relative to the rest of the country. Median monthly rent is $733, 37% below the national average of $1,163/month. Of the 223 total housing units, 80% are owner-occupied (173 units) and 20% are renter-occupied (43 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grand Mound shows an unemployment rate of 4.2%, which is near the national rate of 3.7%. The poverty rate stands at 12.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Grand Mound have an average one-way commute time of 22.9 minutes.
Education & Demographics
18.9% of Grand Mound 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, 0.9% Hispanic or Latino, 0.5% Black or African American, and 1.1% Asian residents, with 0.4% of the population being foreign-born.
Cost of Living in Grand Mound, IA
Compared to national averages, Grand Mound has a median household income of $84,286 (12% above the national median of $75,149). Home values average $150,500, which is 39% below the national median. Monthly rent at $733 is 37% below the US average of $1,163. Within Iowa, Grand Mound's income is 24% above the state average of $67,947, and home values are 14% above the state median of $132,237.
Why Live in Grand Mound, IA?
Grand Mound offers a strong local economy with a median household income of $84,286, well above the national average, and affordable housing with a median home value of $150,500, below the US average of $244,900, and rent that’s lower than the national average at $733/month. Additionally, the city features a low poverty rate of 12.1%, better than the national average, and short commute times averaging just 22.9 minutes.
Grand Mound has a population of 554 with a median age of 33.7 years. Compare Grand Mound with other cities to see how it stacks up, or explore all cities in Iowa.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Grand Mound
What is the population of Grand Mound, IA?
The population of Grand Mound, IA is 554 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 Grand Mound?
The median household income in Grand Mound, IA is $84,286 per year, which is 12% above the national median of $75,149.
What is the median home value in Grand Mound?
The median home value in Grand Mound, IA is $150,500, which is 39% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grand Mound?
The median monthly rent in Grand Mound, IA is $733, which is 37% below the national average of $1,163/month.
What is the unemployment rate in Grand Mound?
The unemployment rate in Grand Mound, IA is 4.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Grand Mound, IA a good place to live?
Grand Mound offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 554 and a median age of 33.7, the city appeals to young professionals and families.
How educated is Grand Mound, IA?
18.9% of residents in Grand Mound 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 Grand Mound?
Key cost-of-living indicators for Grand Mound, IA: median home value is $150,500 (39% below national), median rent is $733/month, and median household income is $84,286. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Grand Mound?
The poverty rate in Grand Mound, IA is 12.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Grand Mound, IA?
Grand Mound's population is 3.2% White, 0.9% Hispanic or Latino, 0.5% Black or African American, 1.1% Asian, and 0.0% two or more races. 0.4% of residents are foreign-born.