Walford, IA
Population 1,318 · Iowa
About Walford, IA
Walford is a small town located in Iowa with a population of 1,318 residents according to the latest US Census Bureau American Community Survey data. The median household income is $116,477 per year, which is 55% above the national median of $75,149. The median age of 37.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Walford features a median home value of $274,500, which is 12% above the national median of $244,900. This positions Walford in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 477 total housing units, 93% are owner-occupied (431 units) and 7% are renter-occupied (34 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Walford shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Walford have an average one-way commute time of 23.2 minutes.
Education & Demographics
33.8% of Walford 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 0.9% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.2% of the population being foreign-born.
How Walford Ranks in Iowa
Cost of Living in Walford, IA
Compared to national averages, Walford has a median household income of $116,477 (55% above the national median of $75,149). Home values average $274,500, which is 12% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Walford's income is 71% above the state average of $67,947, and home values are 108% above the state median of $132,237.
Why Live in Walford, IA?
Walford offers a strong local economy with a median household income of $116,477, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 2.6%. Additionally, the city features a well-educated community where 33.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.4%, better than the national average, and short commute times averaging just 23.2 minutes.
Walford has a population of 1,318 with a median age of 37.8 years. Compare Walford with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Walford
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dunlap | 1,318 | $54,609 | $115,600 | Compare |
| Gilbert | 1,300 | $112,250 | $267,200 | Compare |
| Walnut | 1,339 | $65,278 | $97,900 | Compare |
| Manly | 1,288 | $67,083 | $110,900 | Compare |
| Alton | 1,350 | $86,136 | $204,600 | Compare |
| Lone Tree | 1,285 | $80,294 | $170,700 | Compare |
| Logan | 1,362 | $79,167 | $144,400 | Compare |
| Avoca | 1,369 | $70,552 | $165,700 | 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 Walford With Other Cities
Frequently Asked Questions about Walford
What is the population of Walford, IA?
The population of Walford, IA is 1,318 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Iowa.
What is the median household income in Walford?
The median household income in Walford, IA is $116,477 per year, which is 55% above the national median of $75,149.
What is the median home value in Walford?
The median home value in Walford, IA is $274,500, which is 12% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Walford?
The median monthly rent in Walford, IA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Walford?
The unemployment rate in Walford, IA is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Walford, IA a good place to live?
Walford offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,318 and a median age of 37.8, the city appeals to a broad range of residents.
How educated is Walford, IA?
33.8% of residents in Walford aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Walford?
Key cost-of-living indicators for Walford, IA: median home value is $274,500 (12% above national), median rent is $0/month, and median household income is $116,477. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Walford?
The poverty rate in Walford, IA is 1.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Walford, IA?
Walford's population is 0.9% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.2% two or more races. 0.2% of residents are foreign-born.