HomeIowaLouisa CountyWapello city
Wapello city, Iowa: commercial real estate data.
Wapello city is a Census city of 1,765 people across 1.30 square miles of land, in Louisa County. Median household income is $72,708, 68.3 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $50,000.
66 sourced place values · tier FULL · 7 sections
Wapello
What Wapello is
- Census place typecity
- Land area1.3 sq mi
- Water area0.04 sq mi
- Population per square mile of land1,359
- County holding the largest share of its areaLouisa County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wapello
How many people live in Wapello
- Population1,765
- Median age49.6
- Population under 18241 plus or minus 88
- Share under 1813.7 percent plus or minus 4.7
- Population 65 and over556 plus or minus 120
- Share 65 and over31.5 percent
- Households830
- Family households527
- Share of households that are families63.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wapello
Income and work in Wapello
- Median household income$72,708 plus or minus $24,902
- Per capita income$34,297
- Civilian labor force911
- Employed879
- Unemployed32 plus or minus 23
- Unemployment rate3.5 percent plus or minus 2.5
- Adults 25 and over1,381
- Adults 25 and over with a high school diploma or higher85.8 percent
- Adults 25 and over with a bachelor degree or higher15.6 percent plus or minus 5.0
- Adults 25 and over with a graduate degree3.0 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wapello
Housing in Wapello
- Housing units862
- Occupied units830
- Vacant units32 plus or minus 32
- Vacancy rate3.7 percent plus or minus 3.7
- Owner occupied567
- Renter occupied263 plus or minus 89
- Ownership rate68.3 percent
- Median owner-occupied home value$143,900
- Median gross rent, monthly$711
- Annual rent as a share of median income11.7 percent plus or minus 4.2
- Single family units750
- Share single family87.0 percent
- Units in buildings of two or more112 plus or minus 57
- Share in buildings of two or more13.0 percent plus or minus 6.4
- Mobile homes0
- Median year structure built1963
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wapello
How Wapello gets to work
- Workers 16 and over who commute833
- Commuting under 15 minutes291 plus or minus 75
- Share commuting under 15 minutes34.9 percent plus or minus 7.4
- Commuting 30 minutes or more296 plus or minus 110
- Share commuting 30 minutes or more35.5 percent plus or minus 12.1
- Drove alone79.4 percent
- Carpooled9.9 percent plus or minus 5.0
- Public transport0.7 percent plus or minus 1.0
- Walked1.0 percent plus or minus 1.2
- Worked from home5.2 percent plus or minus 4.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Wapello
SBA 7(a) lending to Wapello borrowers
- Approvals1
- Gross approval$50,000
- Average approval$50,000
- Median approval$50,000
- Ninetieth percentile approval$50,000
- Largest approval$50,000
- Jobs supported17
- Jobs per approval17.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term30 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Louisa County, not Wapello
Louisa County context, not Wapello figures
These are Louisa County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Wapello measurements.
- Establishments in Louisa County211
- Employment at those establishments, Louisa County3,089
- Covered employment, Louisa County3,891
- Average annual pay, Louisa County$52,348
- Average weekly wage, Louisa County$1,007
- Housing units permitted, Louisa County9
- Of those, single family, Louisa County7
- County product, 2024, Louisa County$930,413,000
- County product change over the prior year, Louisa County-3.2 percent
- Average income of an arriving household, Louisa County$50,430
Every figure in this section is published for Louisa County as a whole and is not a measurement of Wapello. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Wapello questions, answered from the record.
How many people live in Wapello, Iowa?
1,765, in 830 households. Wapello city covers 1.30 square miles of land, which is 1,359 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Wapello in?
Louisa County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Wapello?
$72,708. The median owner-occupied home is valued at $143,900. Median gross rent is $711 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Wapello businesses?
1 7(a) approvals totalling $50,000, across 1 lenders, median approval $50,000. These count approvals to borrowers whose address is in Wapello, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Wapello borrowers get paid back?
No rate is published for Wapello. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Wapello figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Louisa County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Wapello.
Is zoning published for Wapello?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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