Searsboro, IA
Population 120 · Iowa
About Searsboro, IA
Searsboro is a small community located in Iowa with a population of 120 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,625 per year, which is 33% below the national median of $75,149. The median age of 47 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 Searsboro features a median home value of $96,400, which is 61% below the national median of $244,900. This makes Searsboro one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $930, 20% below the national average of $1,163/month. Of the 49 total housing units, 78% are owner-occupied (35 units) and 22% are renter-occupied (10 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Searsboro 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 20.8%, above the national average of 12.4%. Workers in Searsboro have an average one-way commute time of 26.8 minutes.
Education & Demographics
4.6% of Searsboro 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 0.0% White, 0.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Searsboro, IA
Compared to national averages, Searsboro has a median household income of $50,625 (33% below the national median of $75,149). Home values average $96,400, which is 61% below the national median. Monthly rent at $930 is 20% below the US average of $1,163. Within Iowa, Searsboro's income is 25% below the state average of $67,947, and home values are 27% below the state median of $132,237.
Why Live in Searsboro, IA?
Searsboro offers affordable housing with a median home value of $96,400, below the US average of $244,900, and rent that’s lower than the national average at $930/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($50,625) that falls below the national average. However, Searsboro’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Searsboro has a population of 120 with a median age of 47 years. Compare Searsboro 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 Searsboro
What is the population of Searsboro, IA?
The population of Searsboro, IA is 120 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 Searsboro?
The median household income in Searsboro, IA is $50,625 per year, which is 33% below the national median of $75,149.
What is the median home value in Searsboro?
The median home value in Searsboro, IA is $96,400, which is 61% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Searsboro?
The median monthly rent in Searsboro, IA is $930, which is 20% below the national average of $1,163/month.
What is the unemployment rate in Searsboro?
The unemployment rate in Searsboro, 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 Searsboro, IA a good place to live?
Searsboro offers a moderate cost of living, affordable housing, and a strong job market. With a population of 120 and a median age of 47, the city appeals to established professionals and retirees.
How educated is Searsboro, IA?
4.6% of residents in Searsboro 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 Searsboro?
Key cost-of-living indicators for Searsboro, IA: median home value is $96,400 (61% below national), median rent is $930/month, and median household income is $50,625. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Searsboro?
The poverty rate in Searsboro, IA is 20.8%, 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 Searsboro, IA?
Searsboro's population is 0.0% White, 0.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.8% two or more races. 0.0% of residents are foreign-born.