Craig is located in west Iowa. Craig has 0.09 square miles of land area and has no water area. As of 2010-2014, the total Craig population is 52, which has shrunk 49.02% since 2000. The population growth rate is much lower than the state average rate of 5.19% and is much lower than the national average rate of 11.61%. Craig median household income is $56,250 in 2010-2014 and has grown by 70.88% since 2000. The income growth rate is much higher than the state average rate of 33.56% and is much higher than the national average rate of 27.36%. Craig median house value is $62,500 in 2010-2014 and has grown by 38.89% since 2000. The house value growth rate is lower than the state average rate of 53.09% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Craig is much better than the state average in quality.