Minburn, IA
Population 319 · Iowa
About Minburn, IA
Minburn is a small community located in Iowa with a population of 319 residents according to the latest US Census Bureau American Community Survey data. The median household income is $74,063 per year, which is 1% below the national median of $75,149. The median age of 41.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Minburn features a median home value of $132,600, which is 46% below the national median of $244,900. This makes Minburn one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $921, 21% below the national average of $1,163/month. Of the 178 total housing units, 84% are owner-occupied (127 units) and 16% are renter-occupied (24 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Minburn shows an unemployment rate of 0.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Minburn have an average one-way commute time of 29.9 minutes.
Education & Demographics
17.9% of Minburn 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 5.6% White, 0.9% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 0.9% of the population being foreign-born.
How Minburn Ranks in Iowa
Cost of Living in Minburn, IA
Compared to national averages, Minburn has a median household income of $74,063 (1% below the national median of $75,149). Home values average $132,600, which is 46% below the national median. Monthly rent at $921 is 21% below the US average of $1,163. Within Iowa, Minburn's income is 9% above the state average of $67,947, and home values are 0% above the state median of $132,237.
Why Live in Minburn, IA?
Minburn offers affordable housing with a median home value of $132,600, below the US average of $244,900, and rent that’s lower than the national average at $921/month, and a strong job market with an unemployment rate of just 0.6%. Additionally, the city features a low poverty rate of 4.1%, better than the national average.
Potential considerations include median household income ($74,063) that falls below the national average. However, Minburn’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Minburn has a population of 319 with a median age of 41.6 years. Compare Minburn with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Minburn
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Middletown | 319 | $64,167 | $144,300 | Compare |
| Clutier | 318 | $60,625 | $58,900 | Compare |
| Ionia | 318 | $73,426 | $97,600 | Compare |
| Holiday Lake | 321 | $76,863 | $257,800 | Compare |
| Crawfordsville | 322 | $73,929 | $87,000 | Compare |
| Deep River | 315 | $67,143 | $82,100 | Compare |
| Liscomb | 323 | $81,336 | $94,800 | Compare |
| Lu Verne | 315 | $56,667 | $38,100 | 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 Minburn With Other Cities
Frequently Asked Questions about Minburn
What is the population of Minburn, IA?
The population of Minburn, IA is 319 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 Minburn?
The median household income in Minburn, IA is $74,063 per year, which is 1% below the national median of $75,149.
What is the median home value in Minburn?
The median home value in Minburn, IA is $132,600, which is 46% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Minburn?
The median monthly rent in Minburn, IA is $921, which is 21% below the national average of $1,163/month.
What is the unemployment rate in Minburn?
The unemployment rate in Minburn, IA is 0.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Minburn, IA a good place to live?
Minburn offers a moderate cost of living, affordable housing, and a strong job market. With a population of 319 and a median age of 41.6, the city appeals to a broad range of residents.
How educated is Minburn, IA?
17.9% of residents in Minburn 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 Minburn?
Key cost-of-living indicators for Minburn, IA: median home value is $132,600 (46% below national), median rent is $921/month, and median household income is $74,063. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Minburn?
The poverty rate in Minburn, IA is 4.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Minburn, IA?
Minburn's population is 5.6% White, 0.9% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 0.0% two or more races. 0.9% of residents are foreign-born.