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 Rate | 0.0% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.451 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 28 minutes |
| Drive Alone | 95.1% |
| Public Transit | 0.0% |
| Work From Home | 0.0% |
Businesses
| Total Establishments | 314 |
| Restaurants | 24 |
| Healthcare | 43 |
| Retail | 47 |
| Manufacturing | 15 |
Tax
| IRS Avg AGI | $59,796 |
| Avg Property Tax | $3,567 |
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