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Walford city, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 2.4x is exceptionally low

As of 2026, Walford city, Iowa has a total population of 1,318, the 235th largest city in Iowa, with a median household income of $116,477, which is 59% higher than the state average. The poverty rate is 1.4%.

Key Takeaways

Walford city Quick Facts

Population 1,318
Median Household Income $116,477
Median Home Value $274,500
Poverty Rate 1.4%
Unemployment Rate 2.6%
Median Age 37.8 years
Homeownership Rate 92.7%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 33.9%
High School Graduation Rate 96.8%
Diversity Index 9/100
Population 1,318 235th of 1,018
Median Income $116,477 top 10%
Poverty Rate 1.4% 89% lower national
Median Home Value $274,500 top 10%

How Walford city Compares

Economy & Housing

Employment

2.6% Unemployment Rate State: 3.6% | National: 5.2%
79.1% Labor Force Participation

Housing Overview

Owner 92.7%
Renter 7.3%
Affordability Index Very Affordable
2.4x home value to income ratio

People & Demographics

Diversity Index

9out of 100
Very Low Diversity

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

State average: 30 | National average: 60

Education

Walford city Rankings in Iowa

#235 Population of 1,018
#30 Median Income of 1,018
#106 Education of 1,018
#52 Home Value of 1,018

Cities Similar to Walford city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Gilbert city1,300$112,250$267,20045.5%5.0%
University Heights city1,232$105,172$393,20089.2%16.9%
Earlham city1,406$104,464$248,40028.9%4.6%
Treynor city1,228$132,679$250,00043.7%5.8%
Alton city1,350$86,136$204,60021.9%3.0%

Population Overview

Walford city is a small community located in Iowa. The total population is 1,318. It ranks as the 235th most populous out of 1,018 cities and towns in Iowa.

Age Demographics

The median age in Walford city is 37.8 years. This is 2% lower than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Walford city is $116,477. This is 59% higher than the state median of $73,147. Compared to the national median of $78,538, household income here is 48% higher. The poverty rate stands at 1.4%. This is 88% lower than the state poverty rate of 11.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.6%. This is 29% lower than the state rate of 3.6%. The median home value is $274,500. Housing costs are 40% higher than the state median of $195,900. With a home-value-to-income ratio of just 2.4x, Walford city is one of the most affordable housing markets in the area. 92.7% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 71.5%.

Race & Ethnicity

Walford city has a predominantly White (non-Hispanic) population, comprising 95.1% of all residents. Hispanic or Latino residents account for 0.9%. The Black or African American population (0.2%) is well below the state average of 3.8%. The Hispanic or Latino population (0.9%) is well below the state average of 7.0%.

Education

33.9% of residents aged 25 and older hold a bachelor's degree or higher. This places Walford city in the top 10% of all cities in the state for educational attainment. This is 10% higher 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 96.8%.

Data Sources & Methodology

All demographic data for Walford 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 Walford city, Iowa?

Walford city, Iowa has a population of 1,318 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Walford city is $116,477, which is 48% higher the national median of $78,538.

What is the poverty rate in Walford city, IA?

The poverty rate in Walford city is 1.4%. This means approximately 18 residents live below the federal poverty line.

What is the racial makeup of Walford city, Iowa?

Walford city's population is 95.1% White, 0.2% Black, 0.9% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Walford city is $274,500. The home-value-to-income ratio is 2.4x.

How educated is Walford city, Iowa?

33.9% of adults (25+) in Walford city hold a bachelor's degree or higher, and 9.7% hold a graduate or professional degree.