Yale, IA
Population 337 · Iowa
About Yale, IA
Yale is a small community located in Iowa with a population of 337 residents according to the latest US Census Bureau American Community Survey data. The median household income is $80,938 per year, which is 8% above the national median of $75,149. The median age of 39.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Yale features a median home value of $74,700, which is 69% below the national median of $244,900. This makes Yale one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $940, 19% below the national average of $1,163/month. Of the 140 total housing units, 78% are owner-occupied (101 units) and 22% are renter-occupied (28 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Yale shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Yale have an average one-way commute time of 25.7 minutes.
Education & Demographics
14.1% of Yale 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 0.3% White, 1.2% 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 Yale, IA
Compared to national averages, Yale has a median household income of $80,938 (8% above the national median of $75,149). Home values average $74,700, which is 69% below the national median. Monthly rent at $940 is 19% below the US average of $1,163. Within Iowa, Yale's income is 19% above the state average of $67,947, and home values are 44% below the state median of $132,237.
Why Live in Yale, IA?
Yale offers a strong local economy with a median household income of $80,938, well above the national average, and affordable housing with a median home value of $74,700, below the US average of $244,900, and rent that’s lower than the national average at $940/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 4.5%, better than the national average.
Yale has a population of 337 with a median age of 39.6 years. Compare Yale 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 Yale
What is the population of Yale, IA?
The population of Yale, IA is 337 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 Yale?
The median household income in Yale, IA is $80,938 per year, which is 8% above the national median of $75,149.
What is the median home value in Yale?
The median home value in Yale, IA is $74,700, which is 69% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Yale?
The median monthly rent in Yale, IA is $940, which is 19% below the national average of $1,163/month.
What is the unemployment rate in Yale?
The unemployment rate in Yale, IA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Yale, IA a good place to live?
Yale offers above-average incomes, affordable housing, and a strong job market. With a population of 337 and a median age of 39.6, the city appeals to a broad range of residents.
How educated is Yale, IA?
14.1% of residents in Yale 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 Yale?
Key cost-of-living indicators for Yale, IA: median home value is $74,700 (69% below national), median rent is $940/month, and median household income is $80,938. The home-value-to-income ratio is 0.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Yale?
The poverty rate in Yale, IA is 4.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Yale, IA?
Yale's population is 0.3% White, 1.2% 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.