Wall Lake, IA
Population 641 · Iowa
About Wall Lake, IA
Wall Lake is a small community in Iowa with a population of 641 residents. The median household income is $59,306 per year, which is near the national average. The median age in Wall Lake is 53.5 years.
Housing in Wall Lake has a median home value of $116,500 and median monthly rent of $632. Of the 313 total housing units, the majority are owner-occupied, with 245 owner-occupied and 47 renter-occupied units.
The unemployment rate in Wall Lake is 2.8% and the poverty rate is 6.1%. 16.8% of residents hold a bachelor's degree or higher. The average commute time is 19.1 minutes.
Cost of Living in Wall Lake, IA
Compared to national averages, Wall Lake has a median household income of $59,306 (21% below the national median of $75,149). Home values average $116,500, which is 52% below the national median. Monthly rent at $632 is 46% below the US average of $1,163. Within Iowa, Wall Lake's income is 13% below the state average of $67,947, and home values are 12% below the state median of $132,237.
Why Live in Wall Lake, IA?
Wall Lake offers affordable housing with a median home value of $116,500, below the US average of $244,900, and rent that’s lower than the national average at $632/month, and a strong job market with an unemployment rate of just 2.8%. Additionally, the city features a low poverty rate of 6.1%, better than the national average, and short commute times averaging just 19.1 minutes.
Potential considerations include median household income ($59,306) that falls below the national average. However, Wall Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wall Lake has a population of 641 with a median age of 53.5 years. Compare Wall Lake 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 Wall Lake
What is the population of Wall Lake, IA?
The population of Wall Lake, IA is 641 according to the latest Census data.
What is the median household income in Wall Lake?
The median household income in Wall Lake, IA is $59,306 per year.
What is the median home value in Wall Lake?
The median home value in Wall Lake, IA is $116,500.
What is the average rent in Wall Lake?
The median monthly rent in Wall Lake, IA is $632.
What is the unemployment rate in Wall Lake?
The unemployment rate in Wall Lake, IA is 2.8%.