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Iola, IL

Full City Profile · Illinois · Clay County County

2.8 /5.0
C+ Fair
71 Population 74/sq mi density
$45,000 Median Income $26,972 per capita
$71,700 Home Value $113,255 Zillow
56°F Avg Temperature 293 sunny days/yr
60 Violent Crime/100K 2,351 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$45,000 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$71,700 home value, /mo rent
F
Safety
1.0 / 5.0
60 violent crimes/100K
F
Education
1.4 / 5.0
5.2% bachelor's degree or higher

Income Overview

Median Household Income
$45,000
40% below
US avg: $75,149
Per Capita Income
$26,972
31% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: Iola vs. U.S. Average

Each bar shows Iola’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$45,000
60%
Per Capita
US: $39,052
$26,972
69%
IRS Avg AGI
US: $72,000
$59,796
83%
Avg Weekly Wage
US: $1,432
$977
68%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$977
32% below US avg ($1,432)
Mean Commute Time
28 min
3% above US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
95.1%
30% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$699M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 95.1%
Public Transit 0%
Work From Home 0%
Other 4.9%
Average commute time
28 minutes
US avg: 28 min

Business Landscape

Total Establishments
314
Restaurants
24
Healthcare
43
Retail
47
Manufacturing
15

Tax & Financial

IRS Avg Adjusted Gross Income
$59,796
17% below US avg ($72,000)
Avg Property Tax
$3,567
2% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$45,000
Per Capita Income$26,972
IRS Avg Adjusted Gross Income$59,796
Avg Weekly Wage$977
County GDP$699M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate0.0%
Gini Coefficient0.451
Cost of Living Index100.0

Commute

Mean Commute28 minutes
Drive Alone95.1%
Public Transit0.0%
Work From Home0.0%

Businesses

Total Establishments314
Restaurants24
Healthcare43
Retail47
Manufacturing15

Tax

IRS Avg AGI$59,796
Avg Property Tax$3,567