Waucoma, IA
Population 330 · Iowa
About Waucoma, IA
Waucoma is a small community located in Iowa with a population of 330 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,250 per year, which is 5% below the national median of $75,149. The median age of 26.9 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 Waucoma features a median home value of $102,100, which is 58% below the national median of $244,900. This makes Waucoma one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $588, 49% below the national average of $1,163/month. Of the 136 total housing units, 84% are owner-occupied (98 units) and 16% are renter-occupied (18 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Waucoma shows an unemployment rate of 0.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Waucoma have an average one-way commute time of 17.8 minutes, one of the shorter commutes in the region.
Education & Demographics
5.0% of Waucoma 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 1.2% White, 1.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Waucoma Ranks in Iowa
Cost of Living in Waucoma, IA
Compared to national averages, Waucoma has a median household income of $71,250 (5% below the national median of $75,149). Home values average $102,100, which is 58% below the national median. Monthly rent at $588 is 49% below the US average of $1,163. Within Iowa, Waucoma's income is 5% above the state average of $67,947, and home values are 23% below the state median of $132,237.
Why Live in Waucoma, IA?
Waucoma offers affordable housing with a median home value of $102,100, below the US average of $244,900, and rent that’s lower than the national average at $588/month, and a strong job market with an unemployment rate of just 0.5%. Additionally, the city features a low poverty rate of 5.8%, better than the national average, and short commute times averaging just 17.8 minutes.
Potential considerations include median household income ($71,250) that falls below the national average. However, Waucoma’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Waucoma has a population of 330 with a median age of 26.9 years. Compare Waucoma with other cities to see how it stacks up, or explore all cities in Iowa.
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Demographics
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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 Waucoma
What is the population of Waucoma, IA?
The population of Waucoma, IA is 330 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 Waucoma?
The median household income in Waucoma, IA is $71,250 per year, which is 5% below the national median of $75,149.
What is the median home value in Waucoma?
The median home value in Waucoma, IA is $102,100, which is 58% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Waucoma?
The median monthly rent in Waucoma, IA is $588, which is 49% below the national average of $1,163/month.
What is the unemployment rate in Waucoma?
The unemployment rate in Waucoma, IA is 0.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Waucoma, IA a good place to live?
Waucoma offers a moderate cost of living, affordable housing, and a strong job market. With a population of 330 and a median age of 26.9, the city appeals to young professionals and families.
How educated is Waucoma, IA?
5.0% of residents in Waucoma 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 Waucoma?
Key cost-of-living indicators for Waucoma, IA: median home value is $102,100 (58% below national), median rent is $588/month, and median household income is $71,250. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Waucoma?
The poverty rate in Waucoma, IA is 5.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Waucoma, IA?
Waucoma's population is 1.2% White, 1.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.