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ZipNumbers

Iowa · Census place 46515

Lorimor city, IA

Quick answer

Lorimor city has 375 residents, ranking #552 of 1026 places in Iowa. Median household income is $43,281, the median home is worth $67,900 and median gross rent runs $850 a month.

Population
375Lorimor city residents
Median household income
$43,281Past 12 months, inflation adjusted
Median home value
$67,900Owner-occupied units
Median gross rent
$850Rent plus utilities, monthly
Median age
36 yrsAll residents
Homeownership rate
65.1%Owner-occupied households

What the numbers mean in Lorimor city

Housing cost measured against local earnings.

A household earning the Lorimor city median would spend about 23.6% 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 25.3% of residents and 65.1% 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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