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
Housing Overview
Median Home Value
$71,700
75% below
US avg: $281,900
Homeownership Rate
80.6%
23% above US avg (65.4%)
Total Housing Units
31
Median year built: 1952
Home Value by Source
Census Median
$71,700
Zillow (ZHVI)
$113,255
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
80.6%
Owner-Occupied
19.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Affordability & Housing Stock
Rent Burden
19.5%
of renters spending 30%+ of income on housing
37% below US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
80.6%
Complete Housing Data
Home Values
| Census Median Value | $71,700 |
| Zillow Home Value (ZHVI) | $113,255 |
Rent
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
Ownership & Stock
| Owner-Occupied | 80.6% |
| Renter-Occupied | 19.4% |
| Homeownership Rate | 80.6% |
| Total Housing Units | 31 |
| Median Year Built | 1952 |
| Rent Burden | 19.5% |
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