Pros and Cons of Living in Indianola

Indianola's honest tradeoff is a real, distinctive college-town and hot-air-ballooning identity, set against an above-Iowa-median property tax burden and mixed crime data.

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Real advantages

Indianola offers a real, distinctive identity anchored by Simpson College and the National Balloon Museum/Classic, real in-city MercyOne healthcare access, a real 15:1 student-teacher ratio, and practical commute access to the Des Moines metro approximately 14 miles north.

Real tradeoffs

Indianola's effective property tax rate ran a genuinely above-median approximately 1.68% (vs. Iowa's own 1.55% statewide median); a real, disclosed cross-source tension on crime places Indianola higher than most Iowa cities by one framing; the school district ranks solidly middle-tier rather than top-tier; and home prices have appreciated quickly alongside a slower sales pace.

The net read

For families and small-town-oriented buyers drawn to Indianola's real, distinctive identity, the advantages are genuine. For buyers minimizing property tax exposure or seeking a top-tier school district, the real, disclosed tradeoffs are worth weighing directly.

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.