Hanlontown, IA
Population 243 · Iowa
About Hanlontown, IA
Hanlontown is a small community located in Iowa with a population of 243 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,729 per year, which is 6% below the national median of $75,149. The median age of 44.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Hanlontown features a median home value of $107,100, which is 56% below the national median of $244,900. This makes Hanlontown one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $781, 33% below the national average of $1,163/month. Of the 115 total housing units, 74% are owner-occupied (82 units) and 26% are renter-occupied (29 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hanlontown shows an unemployment rate of 7.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 2.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hanlontown have an average one-way commute time of 21.4 minutes.
Education & Demographics
16.0% of Hanlontown 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 7.0% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.9% of the population being foreign-born.
Cost of Living in Hanlontown, IA
Compared to national averages, Hanlontown has a median household income of $70,729 (6% below the national median of $75,149). Home values average $107,100, which is 56% below the national median. Monthly rent at $781 is 33% below the US average of $1,163. Within Iowa, Hanlontown's income is 4% above the state average of $67,947, and home values are 19% below the state median of $132,237.
Why Live in Hanlontown, IA?
Hanlontown offers affordable housing with a median home value of $107,100, below the US average of $244,900, and rent that’s lower than the national average at $781/month, and a low poverty rate of 2.5%, better than the national average. Additionally, the city features short commute times averaging just 21.4 minutes.
Potential considerations include median household income ($70,729) that falls below the national average. However, Hanlontown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hanlontown has a population of 243 with a median age of 44.2 years. Compare Hanlontown with other cities to see how it stacks up, or explore all cities in Iowa.
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Demographics
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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 Hanlontown
What is the population of Hanlontown, IA?
The population of Hanlontown, IA is 243 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 Hanlontown?
The median household income in Hanlontown, IA is $70,729 per year, which is 6% below the national median of $75,149.
What is the median home value in Hanlontown?
The median home value in Hanlontown, IA is $107,100, which is 56% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hanlontown?
The median monthly rent in Hanlontown, IA is $781, which is 33% below the national average of $1,163/month.
What is the unemployment rate in Hanlontown?
The unemployment rate in Hanlontown, IA is 7.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Hanlontown, IA a good place to live?
Hanlontown offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 243 and a median age of 44.2, the city appeals to a broad range of residents.
How educated is Hanlontown, IA?
16.0% of residents in Hanlontown 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 Hanlontown?
Key cost-of-living indicators for Hanlontown, IA: median home value is $107,100 (56% below national), median rent is $781/month, and median household income is $70,729. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hanlontown?
The poverty rate in Hanlontown, IA is 2.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Hanlontown, IA?
Hanlontown's population is 7.0% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.9% of residents are foreign-born.