Iowa · Census place 43140
Lanesboro city, IA
Quick answer
Lanesboro city has 69 residents, ranking #907 of 1026 places in Iowa. Median household income is $36,667, the median home is worth $91,700 and median gross rent runs $338 a month.
- Population
- 69Lanesboro city residents
- Median household income
- $36,667Past 12 months, inflation adjusted
- Median home value
- $91,700Owner-occupied units
- Median gross rent
- $338Rent plus utilities, monthly
- Median age
- 60.1 yrsAll residents
- Homeownership rate
- 87%Owner-occupied households
What the numbers mean in Lanesboro city
Housing cost measured against local earnings.
A household earning the Lanesboro city median would spend about 11.1% 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 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.9% of residents and 87% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
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