Iowa · Census place 16545
Correctionville city, IA
Quick answer
Correctionville city has 768 residents, ranking #370 of 1026 places in Iowa. Median household income is $51,125, the median home is worth $83,000 and median gross rent runs $775 a month.
- Population
- 768Correctionville city residents
- Median household income
- $51,125Past 12 months, inflation adjusted
- Median home value
- $83,000Owner-occupied units
- Median gross rent
- $775Rent plus utilities, monthly
- Median age
- 35.5 yrsAll residents
- Homeownership rate
- 89.4%Owner-occupied households
What the numbers mean in Correctionville city
Housing cost measured against local earnings.
A household earning the Correctionville city median would spend about 18.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.8% of residents and 89.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Iowa.
- Le Grand city 779
- Milo city 773
- Carson city 768
- Oxford city 766
- Ruthven city 766
- Readlyn city 764
- Latimer city 763
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