City

Allerton, IA

1 ZIP code  ·  Wayne County  ·  Iowa

👥759Population
💰$77,083Median HH Income≈ Avg
🎂47.9Median Age
🏠$122,500Median Home Value▼ 56% below avg
🎓36.2%College Grads≈ Avg
📊2.0%Unemployment▼ 60% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 50.6% Female 49.4% ♀

Race & Ethnicity

White: 94.3%Other: 5.7%Race
White94.3%
Other5.7%

Age Breakdown

Under 5
2%
5–17
19%
18–24
11%
25–44
16%
45–64
31%
65+
9%

Key Indicators

Median Age47.9 yrs
Avg HH Size2.39
Below Poverty13.7% ▲ 37% above avg
College Grads36.2% ≈ Avg
Unemployment2.0% ▼ 60% below avg
HS Graduate169 (32.8%)
Some College64 (12.4%)
Associates96 (18.6%)
Bachelors96 (18.6%)
Graduate Degree91 (17.6%)

Education

HS Grad: 32.8%Some College: 12.4%Associates: 18.6%Bachelors: 18.6%Graduate: 17.6%Edu
HS Grad32.8%
Some College12.4%
Associates18.6%
Bachelors18.6%
Graduate17.6%
Housing & Income

Housing Tenure

Owner: 87.4%Renter: 12.6%Tenure
Owner87.4%
Renter12.6%

Home Value Distribution

Under $50k
16%
$50k–$100k
23%
$100k–$150k
22%
$150k–$200k
3%
$200k–$300k
17%
$300k–$500k
15%
Over $500k
4%

Financials

Median HH Income$77,083 ≈ Avg
Median Home Value$122,500 ▼ 56% below avg
Home/Income Ratio1.6x (nat avg ~3.5x)
Median Rent$583/mo
Total Housing Units355
Vacant Units38

Income Distribution

Under $25k
6%
$25k–$50k
26%
$50k–$75k
13%
$75k–$100k
23%
$100k–$150k
22%
$150k–$200k
7%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
77%
Walked
15%
Work From Home
8%

Commute Time

Under 15 min
52%
15–30 min
25%
30–45 min
13%
Over 45 min
10%
Housing Stock

Year Built

Before 1940
4%
1940s–1950s
10%
1960s–1970s
8%
1980s–1990s
12%
2000+
66%
About Allerton, IA

Allerton is a city in Iowa, located in Wayne County. The city spans 1 ZIP code and is home to approximately 759 residents. It is a mature city, with a median age of 47.9 years.

Economically, Allerton is a middle-income community. The median household income of $77,083 is near the national average. Approximately 13.7% of residents live below the poverty line. The unemployment rate is 2.0%, well below the national average.

The real estate market in Allerton is one of the more affordable housing markets in the country. Median home values stand at $122,500, which is well below the national average. Renters typically pay around $583 per month. Homeownership is high at 87.4%, typical of suburban and family-oriented communities.

The population of Allerton is moderately educated. 36.2% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (94.33%).

Allerton, IA offers residents above-average earning potential within Iowa.

ZIP Codes in Allerton
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
50008 759 $77,083 $122,500 $583 2.0% 36.2% 87.4%