Eldon, IA Profile: Facts & Data

Eldon, Iowa - Basic Facts

The City of Eldon had a population of 808 as of July 1, 2024.

The primary coordinate point for Eldon is located at latitude 40.9186 and longitude -92.223 in Wapello County. The formal boundaries for the City of Eldon encompass a land area of 1.11 sq. miles and a water area of 0.01 sq. miles. Wapello County is in the Central time zone (GMT -6).

The City of Eldon 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 Eldon is located within Township of Washington, a minor civil division (MCD) of Wapello County.

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

POPULATION
Total Population	808 (100%)
Population in Households	808 (100.0%)
Population in Families	602 (74.5%)
Population in Group Quarters¹	0
Population Density	739
Diversity Index²	17


INCOME
Median Household Income	$47,513
Average Household Income	$57,377
% of Income for Mortgage⁴	11%
Per Capita Income	$25,067
Wealth Index⁵	38
Socioeconomic Status Index⁶	Low (40.1)

HOUSING
Total HU (Housing Units)	394 (100%)
Owner Occupied HU	275 (69.8%)
Renter Occupied HU	78 (19.8%)
Vacant Housing Units	41 (10.4%)
Median Home Value	$85,000
Average Home Value	$143,818
Housing Affordability Index³	201

HOUSEHOLDS
Total Households	353
Average Household Size	2.29
Family Households	198
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

394 (100%)

Owner Occupied HU

275 (69.8%)

Renter Occupied HU

78 (19.8%)

Vacant Housing Units

41 (10.4%)

Median Home Value

$85,000

Average Home Value

$143,818

Housing Affordability Index³

201

HOUSEHOLDS

Total Households

353

Average Household Size

2.29

Family Households

198

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	0.74%	0.10%
Households	-0.53%	-0.40%
Families		-0.20%
Median Household Income		2.45%
Per Capita Income		2.78%
Owner Occupied HU		-0.59%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

0.74%

0.10%

Households

-0.53%

-0.40%

Families

-0.20%

Median Household Income

2.45%

Per Capita Income

2.78%

Owner Occupied HU

-0.59%

Eldon, IA - Peer Comparisons by Rank and Percentile

The table below compares Eldon 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	# 336	67th
Population Density	# 424	59th
Median Household Income	# 1009	2nd
Housing Affordability Index	# 917	89th
Per Capita Income	# 1012	1st
Diversity Index	# 476	54th

Variable Description

Rank

Percentile

Total Population

# 336

67th

Population Density

# 424

59th

Median Household Income

# 1009

2nd

Housing Affordability Index

# 917

89th

Per Capita Income

# 1012

1st

Diversity Index

# 476

54th

Iowa Census Data Comparison Tool

Eldon, IA Profile: Facts & Data

Eldon, Iowa - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Eldon, IA - Peer Comparisons by Rank and Percentile

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Wapello County