Keystone, IA
Population 825 · Iowa
About Keystone, IA
Keystone is a small community located in Iowa with a population of 825 residents according to the latest US Census Bureau American Community Survey data. The median household income is $68,750 per year, which is 9% below the national median of $75,149. The median age of 36 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Keystone features a median home value of $141,100, which is 42% below the national median of $244,900. This makes Keystone one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $992, 15% below the national average of $1,163/month. Of the 303 total housing units, 81% are owner-occupied (231 units) and 19% are renter-occupied (55 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Keystone shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Keystone have an average one-way commute time of 33.1 minutes.
Education & Demographics
21.3% of Keystone 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 0.7% White, 2.4% Hispanic or Latino, 0.7% Black or African American, and 0.4% Asian residents, with 0.4% of the population being foreign-born.
Cost of Living in Keystone, IA
Compared to national averages, Keystone has a median household income of $68,750 (9% below the national median of $75,149). Home values average $141,100, which is 42% below the national median. Monthly rent at $992 is 15% below the US average of $1,163. Within Iowa, Keystone's income is 1% above the state average of $67,947, and home values are 7% above the state median of $132,237.
Why Live in Keystone, IA?
Keystone offers affordable housing with a median home value of $141,100, below the US average of $244,900, and rent that’s lower than the national average at $992/month, and a strong job market with an unemployment rate of just 3.3%. Additionally, the city features a low poverty rate of 10.8%, better than the national average.
Potential considerations include median household income ($68,750) that falls below the national average. However, Keystone’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Keystone has a population of 825 with a median age of 36 years. Compare Keystone with other cities to see how it stacks up, or explore all cities in Iowa.
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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 Keystone
What is the population of Keystone, IA?
The population of Keystone, IA is 825 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 Keystone?
The median household income in Keystone, IA is $68,750 per year, which is 9% below the national median of $75,149.
What is the median home value in Keystone?
The median home value in Keystone, IA is $141,100, which is 42% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Keystone?
The median monthly rent in Keystone, IA is $992, which is 15% below the national average of $1,163/month.
What is the unemployment rate in Keystone?
The unemployment rate in Keystone, IA is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Keystone, IA a good place to live?
Keystone offers a moderate cost of living, affordable housing, and a strong job market. With a population of 825 and a median age of 36, the city appeals to a broad range of residents.
How educated is Keystone, IA?
21.3% of residents in Keystone 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 Keystone?
Key cost-of-living indicators for Keystone, IA: median home value is $141,100 (42% below national), median rent is $992/month, and median household income is $68,750. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Keystone?
The poverty rate in Keystone, IA is 10.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Keystone, IA?
Keystone's population is 0.7% White, 2.4% Hispanic or Latino, 0.7% Black or African American, 0.4% Asian, and 1.3% two or more races. 0.4% of residents are foreign-born.