Woolstock, IA
Population 183 · Iowa
About Woolstock, IA
Woolstock is a small community located in Iowa with a population of 183 residents according to the latest US Census Bureau American Community Survey data. The median household income is $87,857 per year, which is 17% above the national median of $75,149. The median age of 36.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Woolstock features a median home value of $84,500, which is 65% below the national median of $244,900. This makes Woolstock one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $813, 30% below the national average of $1,163/month. Of the 92 total housing units, 78% are owner-occupied (64 units) and 22% are renter-occupied (18 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Woolstock shows an unemployment rate of 13.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 5.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Woolstock have an average one-way commute time of 23.8 minutes.
Education & Demographics
11.5% of Woolstock 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 6.6% White, 4.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 7.7% of the population being foreign-born.
Cost of Living in Woolstock, IA
Compared to national averages, Woolstock has a median household income of $87,857 (17% above the national median of $75,149). Home values average $84,500, which is 65% below the national median. Monthly rent at $813 is 30% below the US average of $1,163. Within Iowa, Woolstock's income is 29% above the state average of $67,947, and home values are 36% below the state median of $132,237.
Why Live in Woolstock, IA?
Woolstock offers a strong local economy with a median household income of $87,857, well above the national average, and affordable housing with a median home value of $84,500, below the US average of $244,900, and rent that’s lower than the national average at $813/month. Additionally, the city features a low poverty rate of 5.5%, better than the national average, and short commute times averaging just 23.8 minutes.
Woolstock has a population of 183 with a median age of 36.9 years. Compare Woolstock 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 Woolstock
What is the population of Woolstock, IA?
The population of Woolstock, IA is 183 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 Woolstock?
The median household income in Woolstock, IA is $87,857 per year, which is 17% above the national median of $75,149.
What is the median home value in Woolstock?
The median home value in Woolstock, IA is $84,500, which is 65% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Woolstock?
The median monthly rent in Woolstock, IA is $813, which is 30% below the national average of $1,163/month.
What is the unemployment rate in Woolstock?
The unemployment rate in Woolstock, IA is 13.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Woolstock, IA a good place to live?
Woolstock offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 183 and a median age of 36.9, the city appeals to a broad range of residents.
How educated is Woolstock, IA?
11.5% of residents in Woolstock 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 Woolstock?
Key cost-of-living indicators for Woolstock, IA: median home value is $84,500 (65% below national), median rent is $813/month, and median household income is $87,857. The home-value-to-income ratio is 1.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Woolstock?
The poverty rate in Woolstock, IA is 5.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Woolstock, IA?
Woolstock's population is 6.6% White, 4.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 7.7% of residents are foreign-born.