Welton, IA
Population 139 · Iowa
About Welton, IA
Welton is a small community located in Iowa with a population of 139 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,250 per year, which is 1% above the national median of $75,149. The median age of 42.3 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 Welton features a median home value of $117,900, which is 52% below the national median of $244,900. This makes Welton one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $843, 28% below the national average of $1,163/month. Of the 52 total housing units, 85% are owner-occupied (44 units) and 15% are renter-occupied (8 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Welton shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Welton have an average one-way commute time of 21.9 minutes.
Education & Demographics
7.8% of Welton 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 0.7% White, 0.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.7% of the population being foreign-born.
Cost of Living in Welton, IA
Compared to national averages, Welton has a median household income of $76,250 (1% above the national median of $75,149). Home values average $117,900, which is 52% below the national median. Monthly rent at $843 is 28% below the US average of $1,163. Within Iowa, Welton's income is 12% above the state average of $67,947, and home values are 11% below the state median of $132,237.
Why Live in Welton, IA?
Welton offers a strong local economy with a median household income of $76,250, well above the national average, and affordable housing with a median home value of $117,900, below the US average of $244,900, and rent that’s lower than the national average at $843/month. Additionally, the city features a strong job market with an unemployment rate of just 1.4%, and a low poverty rate of 2.9%, better than the national average, and short commute times averaging just 21.9 minutes.
Welton has a population of 139 with a median age of 42.3 years. Compare Welton 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 Welton
What is the population of Welton, IA?
The population of Welton, IA is 139 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 Welton?
The median household income in Welton, IA is $76,250 per year, which is 1% above the national median of $75,149.
What is the median home value in Welton?
The median home value in Welton, IA is $117,900, which is 52% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Welton?
The median monthly rent in Welton, IA is $843, which is 28% below the national average of $1,163/month.
What is the unemployment rate in Welton?
The unemployment rate in Welton, IA is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Welton, IA a good place to live?
Welton offers above-average incomes, affordable housing, and a strong job market. With a population of 139 and a median age of 42.3, the city appeals to a broad range of residents.
How educated is Welton, IA?
7.8% of residents in Welton 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 Welton?
Key cost-of-living indicators for Welton, IA: median home value is $117,900 (52% below national), median rent is $843/month, and median household income is $76,250. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Welton?
The poverty rate in Welton, IA is 2.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Welton, IA?
Welton's population is 0.7% White, 0.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.7% of residents are foreign-born.