Lamoni, IA
Population 2,121 · Iowa
About Lamoni, IA
Lamoni is a small town located in Iowa with a population of 2,121 residents according to the latest US Census Bureau American Community Survey data. The median household income is $52,300 per year, which is 30% below the national median of $75,149. The median age of 27.3 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 Lamoni features a median home value of $107,900, which is 56% below the national median of $244,900. This makes Lamoni one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $676, 42% below the national average of $1,163/month. Of the 916 total housing units, 53% are owner-occupied (411 units) and 47% are renter-occupied (365 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Lamoni shows an unemployment rate of 6.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 13.2%, above the national average of 12.4%. Workers in Lamoni have an average one-way commute time of 12.3 minutes, one of the shorter commutes in the region.
Education & Demographics
48.7% of Lamoni residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 2.0% White, 2.1% Hispanic or Latino, 0.8% Black or African American, and 1.5% Asian residents, with 6.0% of the population being foreign-born.
How Lamoni Ranks in Iowa
Cost of Living in Lamoni, IA
Compared to national averages, Lamoni has a median household income of $52,300 (30% below the national median of $75,149). Home values average $107,900, which is 56% below the national median. Monthly rent at $676 is 42% below the US average of $1,163. Within Iowa, Lamoni's income is 23% below the state average of $67,947, and home values are 18% below the state median of $132,237.
Why Live in Lamoni, IA?
Lamoni offers affordable housing with a median home value of $107,900, below the US average of $244,900, and rent that’s lower than the national average at $676/month, and a well-educated community where 48.7% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 12.3 minutes.
Potential considerations include median household income ($52,300) that falls below the national average. However, Lamoni’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lamoni has a population of 2,121 with a median age of 27.3 years. Compare Lamoni with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Lamoni
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Columbus Junction | 2,129 | $76,518 | $114,200 | Compare |
| Colfax | 2,089 | $82,878 | $160,500 | Compare |
| Sumner | 2,159 | $56,174 | $111,900 | Compare |
| Toledo | 2,079 | $56,719 | $124,000 | Compare |
| Monroe | 2,074 | $81,488 | $173,500 | Compare |
| La Porte City | 2,170 | $62,750 | $146,900 | Compare |
| Northwood | 2,170 | $64,615 | $124,800 | Compare |
| Audubon | 2,069 | $41,389 | $92,800 | 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.
Compare Lamoni With Other Cities
Frequently Asked Questions about Lamoni
What is the population of Lamoni, IA?
The population of Lamoni, IA is 2,121 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Iowa.
What is the median household income in Lamoni?
The median household income in Lamoni, IA is $52,300 per year, which is 30% below the national median of $75,149.
What is the median home value in Lamoni?
The median home value in Lamoni, IA is $107,900, which is 56% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lamoni?
The median monthly rent in Lamoni, IA is $676, which is 42% below the national average of $1,163/month.
What is the unemployment rate in Lamoni?
The unemployment rate in Lamoni, IA is 6.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lamoni, IA a good place to live?
Lamoni offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,121 and a median age of 27.3, the city appeals to young professionals and families.
How educated is Lamoni, IA?
48.7% of residents in Lamoni aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Lamoni?
Key cost-of-living indicators for Lamoni, IA: median home value is $107,900 (56% below national), median rent is $676/month, and median household income is $52,300. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lamoni?
The poverty rate in Lamoni, IA is 13.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Lamoni, IA?
Lamoni's population is 2.0% White, 2.1% Hispanic or Latino, 0.8% Black or African American, 1.5% Asian, and 5.8% two or more races. 6.0% of residents are foreign-born.