Living in Bassett, Iowa
Cost of living, income, home prices, rent and demographics of Bassett · Census data 2020–2024
Bassett has 50 residents with a median age of 69.3. The median household income is $62,895 (16% lower than the Iowa median), the median home value is $90,800.
Bassett is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Bassett at a glance
- Population
- 50
- Median age
- 69.3State: 38.6
- Median household income
- $62,895State: $75,059
- Median home value
- $90,800State: $208,000
- Homeowners
- 97.5%
- Bachelor's degree or higher
- 0%
- Average commute
- 15 min
Is Bassett a good place to live?
Pros: Home values 56% lower than the state median; an average commute of 15 minutes.
Cons: Median household income 16% lower than the Iowa median; a poverty rate of 20%.
The weather is best in June to September.
Cost of living in Bassett
Housing is the biggest part of the cost of living. In Bassett the median home value is $90,800, 73% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Bassett median household income
The median household income in Bassett is $62,895 and the income per person is $42,544. 20% of residents live below the poverty line (Iowa: 11.1%).
Housing in Bassett: homes for sale and rent
- Housing units
- 40
- Owner-occupied
- 97.5%
- Renter-occupied
- 2.5%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 1.25
Bassett demographics
- Population
- 50
- Median age
- 69.3
- Under 18
- 0%
- 65 and older
- 62%
- Households
- 40
- Foreign-born
- 4%
- Veterans
- 20%Adults 18+
Hispanic or Latino can be of any race. Population history of Bassett ›
Education in Bassett
0% of adults 25 and older in Bassett have a bachelor's degree or higher (Iowa: 31.4%), and 0% have a graduate or professional degree.
Jobs and commute in Bassett
- Unemployment rate
- 0%State: 3.6%
- Average commute
- 15 minState: 20 min
- Work from home
- 0%
- Drive alone
- 93.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 65%
Bassett vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Bassett | 50 | $62,895 | $90,800 | — |
| Ionia | 336 | $73,945 | $95,700 | $533 |
| North Washington | 134 | $71,964 | $135,000 | — |
| Nashua | 1,622 | $66,597 | $129,600 | $756 |
| Charles City | 7,232 | $59,180 | $115,400 | $735 |
| New Hampton | 3,453 | $62,870 | $167,700 | $743 |
| Alta Vista | 194 | $44,500 | $68,200 | $640 |
| Floyd | 315 | $63,393 | $107,700 | $700 |
| Elma | 659 | $44,375 | $81,300 | $689 |
More for people moving to Bassett
Bassett ZIP code ›Weather and climate ›Living in Bassett: FAQ
What is the median household income in Bassett, IA?
The median household income in Bassett is $62,895, 16% lower than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Bassett?
The median home value in Bassett is $90,800, compared with $208,000 in Iowa.
Is Bassett, IA a good place to live?
Pluses: home values 56% lower than the state median; an average commute of 15 minutes. Minuses: median household income 16% lower than the Iowa median; a poverty rate of 20%.
What is the median age in Bassett?
The median age in Bassett is 69.3 years (Iowa: 38.6).
How long is the commute in Bassett?
The average commute to work in Bassett is 15 minutes; 0% of workers work from home.
What is the unemployment rate in Bassett?
The unemployment rate in Bassett is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bassett?
0% of adults in Bassett have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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