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Grafton, Iowa

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
271
Population
$48,750
Median Income
$93,300
Home Value
50.1
Median Age

Demographics

Grafton has a population of 271 with a median age of 50.1. Here is the racial and ethnic breakdown of the population:

White
95.2%
Hispanic
3.3%
Black
1.5%
Demographic Value
Total Population271
Median Age50.1
White95.2%
Black or African American1.5%
Hispanic or Latino3.3%
Grafton, Iowa — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 95.2%Hispanic/Latino: 3.3%Other: 1.5%271PopulationWhiteWhite95.2%Hispanic/LatinoHispanic/Latino3.3%OtherOther1.5%

Income & Economy

The median household income in Grafton is $48,750, which is 39.5% below the national median of $80,610. The per capita income is $34,649. The poverty rate is 10.0%.

$48,750
Median Household Income
$34,649
Per Capita Income
10.0%
Poverty Rate

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Education

In Grafton, 87.2% of residents age 25+ have a high school diploma or higher, and 14.3% hold a bachelor's degree or higher (4.9% with a graduate or professional degree).

HS Diploma+
87.2%
Bachelor's+
14.3%
Graduate+
4.9%
Education Level % of Adults (25+)
High School Diploma or Higher87.2%
Bachelor's Degree or Higher14.3%
Graduate or Professional Degree4.9%

Housing

The median home value in Grafton is $93,300, below the national median of $303,400. The median monthly rent is $638. The homeownership rate is 68.0%.

$93,300
Median Home Value
$638/mo
Median Rent
68.0%
Homeownership Rate
Housing Metric Value
Median Home Value$93,300
Median Monthly Rent$638
Homeownership Rate68.0%
Vacancy Rate7.5%

Salaries in Iowa

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Frequently Asked Questions

What is the population of Grafton, Iowa?
The population of Grafton, Iowa is 271 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Grafton, Iowa?
The median household income in Grafton, Iowa is $48,750. This is 39.5% below the national median of $80,610.
What is the median home value in Grafton, Iowa?
The median home value in Grafton, Iowa is $93,300. The median monthly rent is $638.
What percentage of people in Grafton have a college degree?
In Grafton, Iowa, 14.3% of adults age 25 and older hold a bachelor's degree or higher, and 87.2% have a high school diploma or higher.
Is Grafton, Iowa an affordable place to live?
The home price-to-income ratio in Grafton, Iowa is 1.9x (median home value $93,300 vs. median income $48,750), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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