Randolph, IA
Population 268 · Iowa
About Randolph, IA
Randolph is a small community located in Iowa with a population of 268 residents according to the latest US Census Bureau American Community Survey data. The median household income is $44,659 per year, which is 41% below the national median of $75,149. The median age of 31.6 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 Randolph features a median home value of $93,300, which is 62% below the national median of $244,900. This makes Randolph one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,087, 7% below the national average of $1,163/month. Of the 83 total housing units, 75% are owner-occupied (56 units) and 25% are renter-occupied (19 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Randolph shows an unemployment rate of 5.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Randolph have an average one-way commute time of 29.7 minutes.
Education & Demographics
23.6% of Randolph residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 2.6% White, 1.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 6.0% of the population being foreign-born.
Cost of Living in Randolph, IA
Compared to national averages, Randolph has a median household income of $44,659 (41% below the national median of $75,149). Home values average $93,300, which is 62% below the national median. Monthly rent at $1,087 is 7% below the US average of $1,163. Within Iowa, Randolph's income is 34% below the state average of $67,947, and home values are 29% below the state median of $132,237.
Why Live in Randolph, IA?
Randolph offers affordable housing with a median home value of $93,300, below the US average of $244,900, and rent that’s lower than the national average at $1,087/month, and a low poverty rate of 6.5%, better than the national average.
Potential considerations include median household income ($44,659) that falls below the national average. However, Randolph’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Randolph has a population of 268 with a median age of 31.6 years. Compare Randolph with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Randolph
Cities in Iowa with a similar population size.
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 Randolph
What is the population of Randolph, IA?
The population of Randolph, IA is 268 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 Randolph?
The median household income in Randolph, IA is $44,659 per year, which is 41% below the national median of $75,149.
What is the median home value in Randolph?
The median home value in Randolph, IA is $93,300, which is 62% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Randolph?
The median monthly rent in Randolph, IA is $1,087, which is 7% below the national average of $1,163/month.
What is the unemployment rate in Randolph?
The unemployment rate in Randolph, IA is 5.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Randolph, IA a good place to live?
Randolph offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 268 and a median age of 31.6, the city appeals to young professionals and families.
How educated is Randolph, IA?
23.6% of residents in Randolph 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 Randolph?
Key cost-of-living indicators for Randolph, IA: median home value is $93,300 (62% below national), median rent is $1,087/month, and median household income is $44,659. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Randolph?
The poverty rate in Randolph, IA is 6.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Randolph, IA?
Randolph's population is 2.6% White, 1.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 9.7% two or more races. 6.0% of residents are foreign-born.