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Allerton, Iowa Demographics & Population 2026

During the 2020–2024 ACS period, Allerton, Iowa had a total population of 395, the 537th largest city in Iowa, with a median household income of $46,989, which is 37% lower than the state average. The poverty rate is 12.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Allerton Quick Facts

Population 395
Median Household Income $46,989
Median Home Value $67,900
Poverty Rate 12.9%
Unemployment Rate 6.0%
Median Age 48.8 years
Homeownership Rate 73.5%
Affordability Ratio 1.4x
Bachelor's Degree or Higher 14.3%
High School Graduation Rate 97.0%
Diversity Index 19/100
Population 395 537th of 1,017
Median Income $46,989 bottom 10%
Poverty Rate 12.9% 4% higher than national
Median Home Value $67,900 bottom 20%

How Allerton Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population413395-4.4%
Median household income$45,417$46,989+3.5%
Median home value$85,000$67,900-20.1%

How Allerton Compares

Economy & Housing

Household Income Distribution

Under $25K 5.5%
$25K-$50K 54.7%
$50K-$100K 23.2%
$100K+ 16.6%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
1.1%
$15K-$20K
2.8%
$20K-$25K
1.7%
$25K-$30K
4.4%
$30K-$35K
3.9%
$35K-$40K
8.3%
$40K-$45K
18.2%
$45K-$50K
19.9%
$50K-$60K
3.9%
$60K-$75K
7.7%
$75K-$100K
11.6%
$100K-$125K
13.8%
$125K-$150K
0.0%
$150K-$200K
1.1%
$200K+
1.7%

Employment

6.0% Unemployment Rate State: 3.6%|National: 5.2%
66.8% Labor Force Participation

Housing Overview

Owner 73.5%
Renter 26.5%
Affordability Index Very Affordable
1.4x home value to income ratio
Median gross rent $641/mo 16.4% of median household income annually

People & Demographics

Diversity Index

19out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 31 | National average: 61

Education

Allerton Rankings in Iowa

#537 Population of 1,017
#872 Median Income of 948
#620 Education of 1,016
#833 Home Value of 947

Other Cities in Wayne County

CityPopulationMedian IncomePovertyHome Value
Corydon 1,628 $51,250 11.5% $92,400
Seymour 594 $46,071 13.5% $86,800
Humeston 551 $58,836 16.0% $83,100
Lineville 259 $50,833 20.5% $56,100
Promise City 105 $41,563 16.2% $53,900
Millerton 44 $89,375 6.8% $135,900
Clio 32 $69,375 9.4% $90,000

Cities Similar to Allerton

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Clearfield396$48,250$72,8009.4%20.8%
New Market397$50,000$102,70011.1%17.9%
Otho380$43,482$89,9008.5%15.5%
Ringsted380$51,042$47,00016.2%18.4%
Bussey414$43,125$79,00014.5%15.0%

A note before these figures: with a population of 395, Allerton's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Allerton is a small community located in Iowa, within Wayne County. The total population is 395. It ranks as the 537th most populous out of 1,017 Census-designated places in Iowa.

Age Demographics

The median age in Allerton is 48.8 years. This is 26% higher than the state median of 38.6 years. 15.2% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Allerton is $46,989. This is 37% lower than the state median of $75,059. It is also 42% lower than the national median of $80,734. The poverty rate stands at 12.9%. This is 17% higher than the state poverty rate of 11.1%. The unemployment rate is 6.0%. This is 67% higher than the state rate of 3.6%. The median home value is $67,900. Housing costs are 67% lower than the state median of $208,000. With a home-value-to-income ratio of just 1.4x, Allerton is one of the most affordable housing markets in the area. 73.5% of occupied housing units are owner-occupied. This homeownership rate is 2% higher than the state average of 71.7%.

Race & Ethnicity

Allerton has a predominantly White (non-Hispanic) population, comprising 89.4% of all residents.

Education

14.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 55% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.0%.

Data Sources & Methodology

All demographic data for Allerton, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Allerton, Iowa?

Allerton, Iowa has a population of 395 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Allerton, IA?

The median household income in Allerton is $46,989, which is 42% lower than the national median of $80,734.

What is the poverty rate in Allerton, IA?

The poverty rate in Allerton is 12.9%. This means approximately 51 residents live below the federal poverty line.

What is the racial makeup of Allerton, Iowa?

Allerton's population is 89.4% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Allerton, IA?

The median home value in Allerton is $67,900. The home-value-to-income ratio is 1.4x.

How educated is Allerton, Iowa?

14.3% of adults (25+) in Allerton hold a bachelor's degree or higher, and 4.9% hold a graduate or professional degree.