Hawkeye, IA
Population 521 · Iowa
About Hawkeye, IA
Hawkeye is a small community located in Iowa with a population of 521 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,917 per year, which is 16% below the national median of $75,149. The median age of 38.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Hawkeye features a median home value of $78,900, which is 68% below the national median of $244,900. This makes Hawkeye one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $708, 39% below the national average of $1,163/month. Of the 212 total housing units, 76% are owner-occupied (161 units) and 24% are renter-occupied (50 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hawkeye 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 3.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hawkeye have an average one-way commute time of 26.4 minutes.
Education & Demographics
9.8% of Hawkeye 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 2.9% White, 3.3% Hispanic or Latino, 1.2% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Hawkeye, IA
Compared to national averages, Hawkeye has a median household income of $62,917 (16% below the national median of $75,149). Home values average $78,900, which is 68% below the national median. Monthly rent at $708 is 39% below the US average of $1,163. Within Iowa, Hawkeye's income is 7% below the state average of $67,947, and home values are 40% below the state median of $132,237.
Why Live in Hawkeye, IA?
Hawkeye offers affordable housing with a median home value of $78,900, below the US average of $244,900, and rent that’s lower than the national average at $708/month, and a strong job market with an unemployment rate of just 2.8%. Additionally, the city features a low poverty rate of 3.5%, better than the national average.
Potential considerations include median household income ($62,917) that falls below the national average. However, Hawkeye’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hawkeye has a population of 521 with a median age of 38.1 years. Compare Hawkeye with other cities to see how it stacks up, or explore all cities in Iowa.
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Demographics
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Economy & Education
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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 Hawkeye
What is the population of Hawkeye, IA?
The population of Hawkeye, IA is 521 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 Hawkeye?
The median household income in Hawkeye, IA is $62,917 per year, which is 16% below the national median of $75,149.
What is the median home value in Hawkeye?
The median home value in Hawkeye, IA is $78,900, which is 68% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hawkeye?
The median monthly rent in Hawkeye, IA is $708, which is 39% below the national average of $1,163/month.
What is the unemployment rate in Hawkeye?
The unemployment rate in Hawkeye, 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 Hawkeye, IA a good place to live?
Hawkeye offers a moderate cost of living, affordable housing, and a strong job market. With a population of 521 and a median age of 38.1, the city appeals to a broad range of residents.
How educated is Hawkeye, IA?
9.8% of residents in Hawkeye 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 Hawkeye?
Key cost-of-living indicators for Hawkeye, IA: median home value is $78,900 (68% below national), median rent is $708/month, and median household income is $62,917. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hawkeye?
The poverty rate in Hawkeye, IA is 3.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Hawkeye, IA?
Hawkeye's population is 2.9% White, 3.3% Hispanic or Latino, 1.2% Black or African American, 0.0% Asian, and 1.5% two or more races. 0.0% of residents are foreign-born.