Grand Junction, IA Profile: Facts & Data

Grand Junction, Iowa - Basic Facts

The City of Grand Junction had a population of 672 as of July 1, 2024.

The primary coordinate point for Grand Junction is located at latitude 42.0316 and longitude -94.2408 in Greene County. The formal boundaries for the City of Grand Junction encompass a land area of 0.97 sq. miles and a water area of 0 sq. miles. Greene County is in the Central time zone (GMT -6).

The City of Grand Junction has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Grand Junction is located within Township of Junction, a minor civil division (MCD) of Greene County.

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Grand Junction, IA Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	672 (100%)
Population in Households	672 (100.0%)
Population in Families	516 (76.8%)
Population in Group Quarters¹	0
Population Density	693
Diversity Index²	18


INCOME
Median Household Income	$63,709
Average Household Income	$88,474
% of Income for Mortgage⁴	14%
Per Capita Income	$39,761
Wealth Index⁵	81
Socioeconomic Status Index⁶	Moderate (48.2)

HOUSING
Total HU (Housing Units)	357 (100%)
Owner Occupied HU	232 (65.0%)
Renter Occupied HU	70 (19.6%)
Vacant Housing Units	55 (15.4%)
Median Home Value	$139,583
Average Home Value	$176,832
Housing Affordability Index³	169

HOUSEHOLDS
Total Households	302
Average Household Size	2.23
Family Households	199
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

357 (100%)

Owner Occupied HU

232 (65.0%)

Renter Occupied HU

70 (19.6%)

Vacant Housing Units

55 (15.4%)

Median Home Value

$139,583

Average Home Value

$176,832

Housing Affordability Index³

169

HOUSEHOLDS

Total Households

302

Average Household Size

2.23

Family Households

199

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-1.77%	-0.66%
Households	-0.46%	-0.13%
Families		-1.03%
Median Household Income		1.50%
Per Capita Income		3.17%
Owner Occupied HU		0.85%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-1.77%

-0.66%

Households

-0.46%

-0.13%

Families

-1.03%

Median Household Income

1.50%

Per Capita Income

3.17%

Owner Occupied HU

0.85%

Grand Junction, IA - Peer Comparisons by Rank and Percentile

The table below compares Grand Junction to the other 1,026 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 394	62nd
Population Density	# 453	56th
Median Household Income	# 736	28th
Housing Affordability Index	# 794	77th
Per Capita Income	# 548	47th
Diversity Index	# 428	58th

Variable Description

Rank

Percentile

Total Population

# 394

62nd

Population Density

# 453

56th

Median Household Income

# 736

28th

Housing Affordability Index

# 794

77th

Per Capita Income

# 548

47th

Diversity Index

# 428

58th

Iowa Census Data Comparison Tool

Grand Junction, IA Profile: Facts & Data

Grand Junction, Iowa - Basic Facts

Grand Junction, IA Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Grand Junction, IA - Peer Comparisons by Rank and Percentile

Grand Junction, IA - Most Popular Things to Do

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Greene County