Stanhope, IA
Population 515 · Iowa
About Stanhope, IA
Stanhope is a small community in Iowa with a population of 515 residents. The median household income is $64,479 per year, which is near the national average. The median age in Stanhope is 35.7 years.
Housing in Stanhope has a median home value of $106,400 and median monthly rent of $564. Of the 230 total housing units, the majority are owner-occupied, with 148 owner-occupied and 59 renter-occupied units.
The unemployment rate in Stanhope is 0.7% and the poverty rate is 11.3%. 13.8% of residents hold a bachelor's degree or higher. The average commute time is 28.9 minutes.
How Stanhope Ranks in Iowa
Cost of Living in Stanhope, IA
Compared to national averages, Stanhope has a median household income of $64,479 (14% below the national median of $75,149). Home values average $106,400, which is 57% below the national median. Monthly rent at $564 is 52% below the US average of $1,163. Within Iowa, Stanhope's income is 5% below the state average of $67,947, and home values are 20% below the state median of $132,237.
Why Live in Stanhope, IA?
Stanhope offers affordable housing with a median home value of $106,400, below the US average of $244,900, and rent that’s lower than the national average at $564/month, and a strong job market with an unemployment rate of just 0.7%. Additionally, the city features a low poverty rate of 11.3%, better than the national average.
Potential considerations include median household income ($64,479) that falls below the national average. However, Stanhope’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Stanhope has a population of 515 with a median age of 35.7 years. Compare Stanhope 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 Stanhope
What is the population of Stanhope, IA?
The population of Stanhope, IA is 515 according to the latest Census data.
What is the median household income in Stanhope?
The median household income in Stanhope, IA is $64,479 per year.
What is the median home value in Stanhope?
The median home value in Stanhope, IA is $106,400.
What is the average rent in Stanhope?
The median monthly rent in Stanhope, IA is $564.
What is the unemployment rate in Stanhope?
The unemployment rate in Stanhope, IA is 0.7%.