The median home value in Lenox, IA is $106,000. This is lower than the county median home value of $108,200. The national median home value is $338,100. The average price of homes sold in Lenox, IA is $106,000. Approximately 64.33% of Lenox homes are owned, compared to 21.34% rented, while 14.33% are vacant. Lenox real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Lenox real estate agent to arrange a tour today!
Learn More About Lenox Real Estate
Lenox has a population of approximately 1,483 and experiences a population change rate of 5.85%. The population density is 749.4 / sq mi.
The median household income for Lenox is $52,273, with 550 households and an average household size of 2.65.
The cost of living index in Lenox is 80.5%.
The median value of a home in Lenox is $106,000 with an appreciation rate of 15.1%. 64.3% of housing in the city is owned while 21.3% is rented.
The unemployment rate in Lenox is 1.60%, and recent job growth is at 3.00%. Future job growth is projected at 42.90%.
The sales tax rate in Lenox is 7.00%, while the income tax rate is 7.44%.
School expenditures in Lenox are $13,299, and the school ratio is 12.1:1.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 11.9 degrees. The average rainfall is approximately 35.8 inches per year, with 25.3 inches of snow per year.
| Metric | City | County |
|---|---|---|
| High School Graduates | 83.02 | 90.81 |
| College Degree - 2 year | 7.4 | 14.18 |
| College Degree - 4 year | 13.44 | 17.16 |
| Graduate Degree | 3.54 | 3.37 |
| Expenditures per Student | $13,299 | $13,299 |
| Students per Teacher | 12.10 | 12.10 |
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Corning Elementary School | PK - 05 | 228 | 12.2 | 50841 |
| Diagonal Elementary School | PK - 05 | 64 | 15.6 | 50845 |
| Lenox Elementary School | PK - 06 | 292 | 12.6 | 50851 |
| Prescott Elementary School | PK - 06 | 38 | 4.8 | 50859 |
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Clearfield Elementary School | PK - 06 | 22 | 4.1 | 50840 |
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Corning High School | 09 - 12 | 226 | 12.1 | 50841 |
| Diagonal Junior-Senior High School | 06 - 12 | 56 | 11.4 | 50845 |
| Lenox High School | 07 - 12 | 219 | 12.2 | 50851 |