Walford, IA Profile: Facts & Data

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Walford, Iowa - Basic Facts

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The City of Walford had a population of 1,462 as of July 1, 2021. Walford ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Iowa. See peer rankings below.

The primary coordinate point for Walford is located at latitude 41.8783 and longitude -91.8346 in Benton County. The formal boundaries for the City of Walford encompass a land area of 0.97 sq. miles and a water area of 0 sq. miles. Benton County is in the Central time zone (GMT -6). The elevation is 807 feet.

While the primary coordinates for City of Walford are located in Benton County, it should be noted that the formal boundaries for this community also extend into and Linn County.

The City of Walford has a P1 Census Class Code which indicates populated place that is also an incorporated place with the same name and the same census code. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Walford is located within Township of Florence, a minor civil division (MCD) of Benton County.

Alternate Unofficial Names for Walford: Terry.

Jump to... (On This Page!)
  1. Walford 2021 Demographic Data
  2. Growth Rates for Walford (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Iowa Research Tools (Easy Tools & Current Data)
  3. Iowa Data Comparison Tool - 2021 Demographics
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Walford, IA Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 1,462 (100%)
Population in Households 1,458 (99.7%)
Population in Families 1,277 (87.3%)
Population in Group Quarters1 4 ( 0.3%)
Population Density 1,487
Diversity Index2 8
 
 

INCOME

Median Household Income $80,451
Average Household Income $95,267
% of Income for Mortgage4 11%
Per Capita Income $35,693
Wealth Index5 100
 

HOUSING

Total HU (Housing Units) 501 (100%)
Owner Occupied HU 433 (86.4%)
Renter Occupied HU 54 (10.8%)
Vacant Housing Units 14 ( 2.8%)
Median Home Value $207,627
Average Home Value $220,910
Housing Affordability Index3 241
 

HOUSEHOLDS

Total Households 487
Average Household Size 2.99
Family Households 368
Average Family Size 3
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population 0.28% 0.53%
Households 0.43% 0.61%
Families -0.72% 0.54%
Median Household Income   0.86%
Per Capita Income   1.7%
Owner Occupied HU   0.73%

Walford, IA - Peer Comparisons by Rank and Percentile

The table below compares Walford to the other 1,008 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2021 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 # 222 78th
Population Density # 91 91st
Median Household Income # 105 90th
Housing Affordability Index # 595 59th
Per Capita Income # 250 75th
Diversity Index # 730 28th

Additional comparisons and rankings can be made with a VERY EASY TO USE Iowa Census Data Comparison Tool.

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