Willey, IA
Population 113 · Iowa
About Willey, IA
Willey is a small community located in Iowa with a population of 113 residents according to the latest US Census Bureau American Community Survey data. The median household income is $100,417 per year, which is 34% above the national median of $75,149. The median age of 36.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Willey features a median home value of $156,300, which is 36% below the national median of $244,900. This positions Willey 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 37 total housing units, 89% are owner-occupied (33 units) and 11% are renter-occupied (4 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Willey shows an unemployment rate of 1.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 11.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Willey have an average one-way commute time of 17.2 minutes, one of the shorter commutes in the region.
Education & Demographics
21.5% of Willey 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Willey, IA
Compared to national averages, Willey has a median household income of $100,417 (34% above the national median of $75,149). Home values average $156,300, which is 36% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Willey's income is 48% above the state average of $67,947, and home values are 18% above the state median of $132,237.
Why Live in Willey, IA?
Willey offers a strong local economy with a median household income of $100,417, well above the national average, and affordable housing with a median home value of $156,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 1.7%, and a low poverty rate of 11.5%, better than the national average, and short commute times averaging just 17.2 minutes.
Willey has a population of 113 with a median age of 36.8 years. Compare Willey 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 Willey
What is the population of Willey, IA?
The population of Willey, IA is 113 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 Willey?
The median household income in Willey, IA is $100,417 per year, which is 34% above the national median of $75,149.
What is the median home value in Willey?
The median home value in Willey, IA is $156,300, which is 36% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Willey?
The median monthly rent in Willey, IA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Willey?
The unemployment rate in Willey, IA is 1.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Willey, IA a good place to live?
Willey offers above-average incomes, affordable housing, and a strong job market. With a population of 113 and a median age of 36.8, the city appeals to a broad range of residents.
How educated is Willey, IA?
21.5% of residents in Willey 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 Willey?
Key cost-of-living indicators for Willey, IA: median home value is $156,300 (36% below national), median rent is $0/month, and median household income is $100,417. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Willey?
The poverty rate in Willey, IA is 11.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Willey, IA?
Willey's population is 0.0% White, 0.0% 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.