Miles, IA
Population 392 · Iowa
About Miles, IA
Miles is a small community located in Iowa with a population of 392 residents according to the latest US Census Bureau American Community Survey data. The median household income is $67,750 per year, which is 10% below the national median of $75,149. The median age of 44.3 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 Miles features a median home value of $125,900, which is 49% below the national median of $244,900. This makes Miles one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $731, 37% below the national average of $1,163/month. Of the 207 total housing units, 82% are owner-occupied (160 units) and 18% are renter-occupied (34 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Miles shows an unemployment rate of 2.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.5%, above the national average of 12.4%. Workers in Miles have an average one-way commute time of 27.2 minutes.
Education & Demographics
21.6% of Miles 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 0.8% White, 2.6% Hispanic or Latino, 0.3% Black or African American, and 0.0% Asian residents, with 1.5% of the population being foreign-born.
Cost of Living in Miles, IA
Compared to national averages, Miles has a median household income of $67,750 (10% below the national median of $75,149). Home values average $125,900, which is 49% below the national median. Monthly rent at $731 is 37% below the US average of $1,163. Within Iowa, Miles's income is 0% below the state average of $67,947, and home values are 5% below the state median of $132,237.
Why Live in Miles, IA?
Miles offers affordable housing with a median home value of $125,900, below the US average of $244,900, and rent that’s lower than the national average at $731/month, and a strong job market with an unemployment rate of just 2.0%.
Potential considerations include median household income ($67,750) that falls below the national average. However, Miles’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Miles has a population of 392 with a median age of 44.3 years. Compare Miles 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 Miles
What is the population of Miles, IA?
The population of Miles, IA is 392 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 Miles?
The median household income in Miles, IA is $67,750 per year, which is 10% below the national median of $75,149.
What is the median home value in Miles?
The median home value in Miles, IA is $125,900, which is 49% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Miles?
The median monthly rent in Miles, IA is $731, which is 37% below the national average of $1,163/month.
What is the unemployment rate in Miles?
The unemployment rate in Miles, IA is 2.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Miles, IA a good place to live?
Miles offers a moderate cost of living, affordable housing, and a strong job market. With a population of 392 and a median age of 44.3, the city appeals to a broad range of residents.
How educated is Miles, IA?
21.6% of residents in Miles 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 Miles?
Key cost-of-living indicators for Miles, IA: median home value is $125,900 (49% below national), median rent is $731/month, and median household income is $67,750. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Miles?
The poverty rate in Miles, IA is 13.5%, 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 Miles, IA?
Miles's population is 0.8% White, 2.6% Hispanic or Latino, 0.3% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.5% of residents are foreign-born.