Goldfield, a small town in Iowa, has a population of approximately 1,000. Retirees can expect to fit right in, as they account for 23% of the population compared to 14% nationally, while young adults account for a smaller percentage of the town. Overall, the town's population, at an average age of just under 44, is older than most cities in Iowa. Just 17% of residents rent in Goldfield, as home ownership is common in the area. Renters in the town benefit from a relatively low average rent of $485/month, which is $324/month less than the state average.
Goldfield residents have an average commute of about 21 minutes, outperforming almost 70% of cities in Iowa. Many residents (39%) drive themselves to work, while public transit is not used. Walking isn't a common means of commuting to work.
Compared to the national average (5%), Goldfield has a large number of residents over the age of 25 who have earned an Associate's degree (9%). In addition, 7% possess a Bachelor's degree and 6% have earned a Master's degree or Doctorate. Many Goldfield residents work in one of three industries: manufacturing, retail, and healthcare. Together, these industries account for 21% of the town's workforce. Meanwhile, in terms of job function, many of the town's workers are in transportation, making it the top field in the town. Goldfield workers take home an average annual income of just over $54,000, less than the state average. Goldfield's average income also trails the national average ($73,345).
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