Lorimor, IA
Population 375 · Iowa
About Lorimor, IA
Lorimor is a small community located in Iowa with a population of 375 residents according to the latest US Census Bureau American Community Survey data. The median household income is $43,281 per year, which is 42% 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 Lorimor features a median home value of $67,900, which is 72% below the national median of $244,900. This makes Lorimor one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $850, 27% below the national average of $1,163/month. Of the 207 total housing units, 65% are owner-occupied (97 units) and 35% are renter-occupied (52 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Lorimor shows an unemployment rate of 6.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 25.3%, above the national average of 12.4%. Workers in Lorimor have an average one-way commute time of 37.9 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
4.5% of Lorimor 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 3.5% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 2.7% Asian residents, with 0.5% of the population being foreign-born.
Cost of Living in Lorimor, IA
Compared to national averages, Lorimor has a median household income of $43,281 (42% below the national median of $75,149). Home values average $67,900, which is 72% below the national median. Monthly rent at $850 is 27% below the US average of $1,163. Within Iowa, Lorimor's income is 36% below the state average of $67,947, and home values are 49% below the state median of $132,237.
Why Live in Lorimor, IA?
Lorimor offers affordable housing with a median home value of $67,900, below the US average of $244,900, and rent that’s lower than the national average at $850/month.
Potential considerations include median household income ($43,281) that falls below the national average. However, Lorimor’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lorimor has a population of 375 with a median age of 36 years. Compare Lorimor with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Lorimor
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Libertyville | 373 | $74,107 | $177,700 | Compare |
| Mingo | 373 | $61,806 | $120,300 | Compare |
| New Vienna | 377 | $90,938 | $176,800 | Compare |
| Peterson | 373 | $76,875 | $86,700 | Compare |
| Mondamin | 378 | $71,750 | $90,000 | Compare |
| Plainfield | 379 | $75,500 | $132,700 | Compare |
| Callender | 381 | $66,667 | $107,100 | Compare |
| Bonaparte | 382 | $40,000 | $68,500 | 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 Lorimor With Other Cities
Frequently Asked Questions about Lorimor
What is the population of Lorimor, IA?
The population of Lorimor, IA is 375 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 Lorimor?
The median household income in Lorimor, IA is $43,281 per year, which is 42% below the national median of $75,149.
What is the median home value in Lorimor?
The median home value in Lorimor, IA is $67,900, which is 72% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lorimor?
The median monthly rent in Lorimor, IA is $850, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Lorimor?
The unemployment rate in Lorimor, IA is 6.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lorimor, IA a good place to live?
Lorimor offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 375 and a median age of 36, the city appeals to a broad range of residents.
How educated is Lorimor, IA?
4.5% of residents in Lorimor 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 Lorimor?
Key cost-of-living indicators for Lorimor, IA: median home value is $67,900 (72% below national), median rent is $850/month, and median household income is $43,281. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lorimor?
The poverty rate in Lorimor, IA is 25.3%, 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 Lorimor, IA?
Lorimor's population is 3.5% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 2.7% Asian, and 0.0% two or more races. 0.5% of residents are foreign-born.