Pierson, IA
Population 291 · Iowa
About Pierson, IA
Pierson is a small community located in Iowa with a population of 291 residents according to the latest US Census Bureau American Community Survey data. The median household income is $56,563 per year, which is 25% below the national median of $75,149. The median age of 32.7 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Pierson features a median home value of $85,300, which is 65% below the national median of $244,900. This makes Pierson one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $644, 45% below the national average of $1,163/month. Of the 120 total housing units, 79% are owner-occupied (81 units) and 21% are renter-occupied (22 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Pierson shows an unemployment rate of 5.5%, which is near the national rate of 3.7%. The poverty rate stands at 7.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Pierson have an average one-way commute time of 30.4 minutes.
Education & Demographics
13.1% of Pierson 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 7.2% White, 1.7% Hispanic or Latino, 0.0% Black or African American, and 0.3% Asian residents, with 1.0% of the population being foreign-born.
Cost of Living in Pierson, IA
Compared to national averages, Pierson has a median household income of $56,563 (25% below the national median of $75,149). Home values average $85,300, which is 65% below the national median. Monthly rent at $644 is 45% below the US average of $1,163. Within Iowa, Pierson's income is 17% below the state average of $67,947, and home values are 35% below the state median of $132,237.
Why Live in Pierson, IA?
Pierson offers affordable housing with a median home value of $85,300, below the US average of $244,900, and rent that’s lower than the national average at $644/month, and a low poverty rate of 7.6%, better than the national average.
Potential considerations include median household income ($56,563) that falls below the national average. However, Pierson’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Pierson has a population of 291 with a median age of 32.7 years. Compare Pierson with other cities to see how it stacks up, or explore all cities in Iowa.
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Demographics
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Economy & Education
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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 Pierson
What is the population of Pierson, IA?
The population of Pierson, IA is 291 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 Pierson?
The median household income in Pierson, IA is $56,563 per year, which is 25% below the national median of $75,149.
What is the median home value in Pierson?
The median home value in Pierson, IA is $85,300, which is 65% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Pierson?
The median monthly rent in Pierson, IA is $644, which is 45% below the national average of $1,163/month.
What is the unemployment rate in Pierson?
The unemployment rate in Pierson, IA is 5.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Pierson, IA a good place to live?
Pierson offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 291 and a median age of 32.7, the city appeals to young professionals and families.
How educated is Pierson, IA?
13.1% of residents in Pierson 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 Pierson?
Key cost-of-living indicators for Pierson, IA: median home value is $85,300 (65% below national), median rent is $644/month, and median household income is $56,563. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Pierson?
The poverty rate in Pierson, IA is 7.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Pierson, IA?
Pierson's population is 7.2% White, 1.7% Hispanic or Latino, 0.0% Black or African American, 0.3% Asian, and 0.0% two or more races. 1.0% of residents are foreign-born.