McGregor, IA
Population 686 · Iowa
About McGregor, IA
McGregor is a small community located in Iowa with a population of 686 residents according to the latest US Census Bureau American Community Survey data. The median household income is $58,750 per year, which is 22% below the national median of $75,149. The median age of 48.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in McGregor features a median home value of $141,900, which is 42% below the national median of $244,900. This makes McGregor one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $618, 47% below the national average of $1,163/month. Of the 410 total housing units, 67% are owner-occupied (215 units) and 33% are renter-occupied (106 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in McGregor shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 14.5%, above the national average of 12.4%. Workers in McGregor have an average one-way commute time of 15.4 minutes, one of the shorter commutes in the region.
Education & Demographics
18.7% of McGregor 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 0.4% White, 0.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.7% of the population being foreign-born.
Cost of Living in McGregor, IA
Compared to national averages, McGregor has a median household income of $58,750 (22% below the national median of $75,149). Home values average $141,900, which is 42% below the national median. Monthly rent at $618 is 47% below the US average of $1,163. Within Iowa, McGregor's income is 14% below the state average of $67,947, and home values are 7% above the state median of $132,237.
Why Live in McGregor, IA?
McGregor offers affordable housing with a median home value of $141,900, below the US average of $244,900, and rent that’s lower than the national average at $618/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 15.4 minutes.
Potential considerations include median household income ($58,750) that falls below the national average. However, McGregor’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
McGregor has a population of 686 with a median age of 48.2 years. Compare McGregor 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 McGregor
What is the population of McGregor, IA?
The population of McGregor, IA is 686 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 McGregor?
The median household income in McGregor, IA is $58,750 per year, which is 22% below the national median of $75,149.
What is the median home value in McGregor?
The median home value in McGregor, IA is $141,900, which is 42% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in McGregor?
The median monthly rent in McGregor, IA is $618, which is 47% below the national average of $1,163/month.
What is the unemployment rate in McGregor?
The unemployment rate in McGregor, IA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is McGregor, IA a good place to live?
McGregor offers a moderate cost of living, affordable housing, and a strong job market. With a population of 686 and a median age of 48.2, the city appeals to established professionals and retirees.
How educated is McGregor, IA?
18.7% of residents in McGregor 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 McGregor?
Key cost-of-living indicators for McGregor, IA: median home value is $141,900 (42% below national), median rent is $618/month, and median household income is $58,750. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in McGregor?
The poverty rate in McGregor, IA is 14.5%, 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 McGregor, IA?
McGregor's population is 0.4% White, 0.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.7% of residents are foreign-born.