Iola is located in Waupaca county Wisconsin with a geographic area of 1.7 square miles. The total population in Iola is 1,195 with 50.7% male and 49.3% female. Children under age 5 represent 5.0% of the population, under age 18 equal 20.8% of the population and over age 65 is 27.8% of the population. The median household income is $48,536, per capita income is $31,488. There are a total of 581 housing units with 58.5% owner occupied. Education includes 36.8% of residents that are high school graduates and 26.9% with a bachelor's degree or higher. The average temperature in Iola in the summer is 66 degrees, and in the winter 17 degrees.