Iowa Park, TX
Population 6,574 · Texas
About Iowa Park, TX
Iowa Park is a small town located in Texas with a population of 6,574 residents according to the latest US Census Bureau American Community Survey data. The median household income is $64,340 per year, which is 14% below 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 Iowa Park features a median home value of $121,800, which is 50% below the national median of $244,900. This makes Iowa Park one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $945, 19% below the national average of $1,163/month. Of the 2,957 total housing units, 86% are owner-occupied (2,353 units) and 14% are renter-occupied (398 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Iowa Park shows an unemployment rate of 2.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Iowa Park have an average one-way commute time of 17.6 minutes, one of the shorter commutes in the region.
Education & Demographics
24.0% of Iowa Park residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 8.6% White, 4.1% Hispanic or Latino, 0.5% Black or African American, and 3.3% Asian residents, with 2.3% of the population being foreign-born.
Cost of Living in Iowa Park, TX
Compared to national averages, Iowa Park has a median household income of $64,340 (14% below the national median of $75,149). Home values average $121,800, which is 50% below the national median. Monthly rent at $945 is 19% below the US average of $1,163. Within Texas, Iowa Park's income is 12% below the state average of $72,726, and home values are 42% below the state median of $211,769.
Why Live in Iowa Park, TX?
Iowa Park offers affordable housing with a median home value of $121,800, below the US average of $244,900, and rent that’s lower than the national average at $945/month, and a strong job market with an unemployment rate of just 2.0%. Additionally, the city features a low poverty rate of 6.3%, better than the national average, and short commute times averaging just 17.6 minutes.
Potential considerations include median household income ($64,340) that falls below the national average. However, Iowa Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Iowa Park has a population of 6,574 with a median age of 39.6 years. Compare Iowa Park with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Iowa Park
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Keene | 6,574 | $50,796 | $219,900 | Compare |
| Carthage | 6,568 | $44,738 | $153,100 | Compare |
| Olivarez | 6,566 | $62,985 | $68,000 | Compare |
| Pecan Plantation | 6,539 | $102,403 | $386,200 | Compare |
| Burnet | 6,630 | $88,000 | $245,900 | Compare |
| Aubrey | 6,637 | $100,596 | $338,900 | Compare |
| Lackland AFB | 6,650 | $110,833 | $0 | Compare |
| Willis | 6,693 | $53,182 | $113,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Iowa Park With Other Cities
Frequently Asked Questions about Iowa Park
What is the population of Iowa Park, TX?
The population of Iowa Park, TX is 6,574 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Texas.
What is the median household income in Iowa Park?
The median household income in Iowa Park, TX is $64,340 per year, which is 14% below the national median of $75,149.
What is the median home value in Iowa Park?
The median home value in Iowa Park, TX is $121,800, which is 50% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Iowa Park?
The median monthly rent in Iowa Park, TX is $945, which is 19% below the national average of $1,163/month.
What is the unemployment rate in Iowa Park?
The unemployment rate in Iowa Park, TX is 2.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Iowa Park, TX a good place to live?
Iowa Park offers a moderate cost of living, affordable housing, and a strong job market. With a population of 6,574 and a median age of 39.6, the city appeals to a broad range of residents.
How educated is Iowa Park, TX?
24.0% of residents in Iowa Park 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 Iowa Park?
Key cost-of-living indicators for Iowa Park, TX: median home value is $121,800 (50% below national), median rent is $945/month, and median household income is $64,340. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Iowa Park?
The poverty rate in Iowa Park, TX is 6.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Iowa Park, TX?
Iowa Park's population is 8.6% White, 4.1% Hispanic or Latino, 0.5% Black or African American, 3.3% Asian, and 0.0% two or more races. 2.3% of residents are foreign-born.