Lime Springs, IA
Population 410 · Iowa
About Lime Springs, IA
Lime Springs is a small community located in Iowa with a population of 410 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,083 per year, which is 17% below the national median of $75,149. The median age of 38.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Lime Springs features a median home value of $101,900, which is 58% below the national median of $244,900. This makes Lime Springs one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $658, 43% below the national average of $1,163/month. Of the 246 total housing units, 85% are owner-occupied (150 units) and 15% are renter-occupied (27 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lime Springs shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lime Springs have an average one-way commute time of 28.6 minutes.
Education & Demographics
9.2% of Lime Springs 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 4.6% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 5.6% of the population being foreign-born.
Cost of Living in Lime Springs, IA
Compared to national averages, Lime Springs has a median household income of $62,083 (17% below the national median of $75,149). Home values average $101,900, which is 58% below the national median. Monthly rent at $658 is 43% below the US average of $1,163. Within Iowa, Lime Springs's income is 9% below the state average of $67,947, and home values are 23% below the state median of $132,237.
Why Live in Lime Springs, IA?
Lime Springs offers affordable housing with a median home value of $101,900, below the US average of $244,900, and rent that’s lower than the national average at $658/month, and a strong job market with an unemployment rate of just 1.4%. Additionally, the city features a low poverty rate of 8.0%, better than the national average.
Potential considerations include median household income ($62,083) that falls below the national average. However, Lime Springs’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lime Springs has a population of 410 with a median age of 38.2 years. Compare Lime Springs 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 Lime Springs
What is the population of Lime Springs, IA?
The population of Lime Springs, IA is 410 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 Lime Springs?
The median household income in Lime Springs, IA is $62,083 per year, which is 17% below the national median of $75,149.
What is the median home value in Lime Springs?
The median home value in Lime Springs, IA is $101,900, which is 58% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lime Springs?
The median monthly rent in Lime Springs, IA is $658, which is 43% below the national average of $1,163/month.
What is the unemployment rate in Lime Springs?
The unemployment rate in Lime Springs, IA is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lime Springs, IA a good place to live?
Lime Springs offers a moderate cost of living, affordable housing, and a strong job market. With a population of 410 and a median age of 38.2, the city appeals to a broad range of residents.
How educated is Lime Springs, IA?
9.2% of residents in Lime Springs 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 Lime Springs?
Key cost-of-living indicators for Lime Springs, IA: median home value is $101,900 (58% below national), median rent is $658/month, and median household income is $62,083. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lime Springs?
The poverty rate in Lime Springs, IA is 8.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lime Springs, IA?
Lime Springs's population is 4.6% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 5.6% of residents are foreign-born.