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Iola is a village in Waupaca County, Wisconsin, United States. The population was 1,298 at the 2000 census. The village is located partially within the Town of Iola. A small portion lies within the adjacent Town of Scandinavia. The community was named after a Potawatomi girl.
The race breakdown of the population in Iota varies per year, but currently 1,370 are one race and 6 are two or more races. Of the 1,376 people who live in Iota, there are 458 under 20 years old. The sex breakdown of the 20 years old and younger population in Iota is 226 male and 232 female.