Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 49.9 yrs |
|---|---|
| Avg HH Size | 1.91 |
| Below Poverty | 9.8% ≈ Avg |
| College Grads | 47.9% ▲ 24% above avg |
| Unemployment | 5.1% ≈ Avg |
| HS Graduate | 62 (32.6%) |
| Some College | 11 (5.8%) |
| Associates | 26 (13.7%) |
| Bachelors | 60 (31.6%) |
| Graduate Degree | 31 (16.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $58,750 ▼ 23% below avg |
|---|---|
| Median Home Value | $99,300 ▼ 64% below avg |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Median Rent | $655/mo |
| Total Housing Units | 159 |
| Vacant Units | 15 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Grafton is a city in Iowa, located in Worth County. The city spans 1 ZIP code and is home to approximately 275 residents. It is a mature city, with a median age of 49.9 years.
Economically, Grafton is a solidly middle-class community. The median household income of $58,750 is below the national average. Approximately 9.8% of residents live below the poverty line. The unemployment rate is 5.1%, near the national average.
The real estate market in Grafton is one of the more affordable housing markets in the country. Median home values stand at $99,300, which is well below the national average. Renters typically pay around $655 per month. Homeownership is high at 70.8%, typical of suburban and family-oriented communities.
The population of Grafton is well-educated. 47.9% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (96.36%).
Grafton, IA offers residents a cost-conscious lifestyle within Iowa.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 50440 | 275 | $58,750 | $99,300 | $655 | 5.1% | 47.9% | 70.8% |