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ZipNumbers

Minnesota · Census place 31094

Iona city, MN

Quick answer

Iona city has 207 residents, ranking #682 of 914 places in Minnesota. Median household income is $44,167, the median home is worth $54,300 and median gross rent runs $750 a month.

Population
207Iona city residents
Median household income
$44,167Past 12 months, inflation adjusted
Median home value
$54,300Owner-occupied units
Median gross rent
$750Rent plus utilities, monthly
Median age
41.9 yrsAll residents
Homeownership rate
85.7%Owner-occupied households

What the numbers mean in Iona city

Housing cost measured against local earnings.

A household earning the Iona city median would spend about 20.4% 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 1.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16.2% of residents and 85.7% 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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