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.

Median home value

Bassett$90,800
Iowa$208,000
United States$332,700

Median monthly rent

Iowa$972
United States$1,413

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%).

Median household income

Bassett$62,895
Iowa$75,059
United States$80,734

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+

Race and ethnicity

White96%
Hispanic or Latino0%
Black0%
Asian4%

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.

Bachelor's degree or higher

Bassett0%
Iowa31.4%
United States35.7%

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

TownPopulationMedian incomeHome valueRent
Bassett50$62,895$90,800—
Ionia336$73,945$95,700$533
North Washington134$71,964$135,000—
Nashua1,622$66,597$129,600$756
Charles City7,232$59,180$115,400$735
New Hampton3,453$62,870$167,700$743
Alta Vista194$44,500$68,200$640
Floyd315$63,393$107,700$700
Elma659$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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