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Correctionville city, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 1.6x is exceptionally low

As of 2026, Correctionville city, Iowa has a total population of 768, the 369th largest city in Iowa, with a median household income of $51,125, which is 30% lower than the state average. The poverty rate is 14.8%.

Key Takeaways

Correctionville city Quick Facts

Population 768
Median Household Income $51,125
Median Home Value $83,000
Poverty Rate 14.8%
Unemployment Rate 2.3%
Median Age 35.5 years
Homeownership Rate 89.4%
Affordability Ratio 1.6x
Bachelor's Degree or Higher 12.6%
High School Graduation Rate 85.0%
Diversity Index 36/100
Population 768 369th of 1,018
Median Income $51,125 bottom 20%
Poverty Rate 14.8% 19% higher national
Median Home Value $83,000 bottom 30%

How Correctionville city Compares

Economy & Housing

Employment

2.3% Unemployment Rate State: 3.6% | National: 5.2%
52.0% Labor Force Participation

Housing Overview

Owner 89.4%
Renter 10.6%
Affordability Index Very Affordable
1.6x home value to income ratio

People & Demographics

Diversity Index

36out of 100
Low Diversity

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

State average: 30 | National average: 60

Education

Correctionville city Rankings in Iowa

#369 Population of 1,018
#782 Median Income of 1,018
#691 Education of 1,018
#704 Home Value of 1,018

Cities Similar to Correctionville city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Riceville city795$47,434$92,10018.9%11.0%
Ruthven city766$58,750$103,40015.4%13.7%
Alden city792$55,625$102,5009.9%18.1%
Eldon city816$52,813$57,60012.8%21.1%
Edgewood city787$56,875$167,00014.6%7.4%

Population Overview

Correctionville city is a small community located in Iowa. The total population is 768. It ranks as the 369th most populous out of 1,018 cities and towns in Iowa.

Age Demographics

The median age in Correctionville city is 35.5 years. This is 8% lower than the state median of 38.6 years. With 34.1% of the population under 18, Correctionville city has a notably young demographic profile, suggesting a family-oriented community. 13.5% 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 Correctionville city is $51,125. This is 30% lower than the state median of $73,147. Compared to the national median of $78,538, household income here is 35% lower. The poverty rate stands at 14.8%. This is 35% higher than the state poverty rate of 11.0%. The unemployment rate is 2.3%. This is 38% lower than the state rate of 3.6%. The median home value is $83,000. Housing costs are 58% lower than the state median of $195,900. With a home-value-to-income ratio of just 1.6x, Correctionville city is one of the most affordable housing markets in the area. 89.4% of occupied housing units are owner-occupied. This homeownership rate is 25% higher than the state average of 71.5%.

Race & Ethnicity

The largest racial or ethnic group in Correctionville city is White (non-Hispanic), making up 77.2% of the population. Hispanic or Latino residents account for 21.0%. The Black or African American population (0.8%) is well below the state average of 3.8%. The Hispanic or Latino population is significantly higher than the state average (21.0% vs 7.0%). The Asian population (0.3%) is well below the state average of 2.4%.

Education

12.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 59% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.0%.

Data Sources & Methodology

All demographic data for Correctionville city, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,018 Census-designated places in Iowa. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Correctionville city, Iowa?

Correctionville city, Iowa has a population of 768 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Correctionville city, IA?

The median household income in Correctionville city is $51,125, which is 35% lower the national median of $78,538.

What is the poverty rate in Correctionville city, IA?

The poverty rate in Correctionville city is 14.8%. This means approximately 109 residents live below the federal poverty line.

What is the racial makeup of Correctionville city, Iowa?

Correctionville city's population is 77.2% White, 0.8% Black, 21.0% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Correctionville city, IA?

The median home value in Correctionville city is $83,000. The home-value-to-income ratio is 1.6x.

How educated is Correctionville city, Iowa?

12.6% of adults (25+) in Correctionville city hold a bachelor's degree or higher, and 2.7% hold a graduate or professional degree.