Iola is a village located in Clay County, Illinois. Iola has a 2026 population of 96. Iola is currently declining at a rate of -1.03% annually and its population has decreased by -4% since the most recent census, which recorded a population of 100 in 2020.
The median household income in Iola is $46,250 with a poverty rate of 15.56%. The median age in Iola is 44 years: 36.8 years for males, and 46.3 years for females. For every 100 females there are 100.0 males.