Living in Bayard, Iowa
Cost of living, income, home prices, rent and demographics of Bayard · Census data 2020–2024
Bayard has 398 residents with a median age of 40.7. The median household income is $57,250 (24% lower than the Iowa median), the median home value is $65,800, the median rent is $894/month.
Bayard is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Bayard at a glance
- Population
- 398
- Median age
- 40.7State: 38.6
- Median household income
- $57,250State: $75,059
- Median home value
- $65,800State: $208,000
- Median rent
- $894/moState: $972
- Homeowners
- 74.3%
- Bachelor's degree or higher
- 5.9%
- Average commute
- 39 min
Is Bayard a good place to live?
Pros: Home values 68% lower than the state median.
Cons: Median household income 24% lower than the Iowa median; an average commute of 39 minutes; unemployment of 4.7%; a poverty rate of 26.7%.
The weather is best in May–June and August–September.
Cost of living in Bayard
Housing is the biggest part of the cost of living. In Bayard the median home value is $65,800, 80% lower than the U.S. median. Renters pay a median of $894 per month, which is 14.2% of household income. Homeowners with a mortgage pay $850 a month in housing costs.
Bayard median household income
The median household income in Bayard is $57,250 and the income per person is $25,141. 26.7% of residents live below the poverty line (Iowa: 11.1%).
Housing in Bayard: homes for sale and rent
- Housing units
- 213
- Owner-occupied
- 74.3%
- Renter-occupied
- 25.7%
- Vacant
- 19.7%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.32
Bayard demographics
- Population
- 398
- Median age
- 40.7
- Under 18
- 25.4%
- 65 and older
- 24.9%
- Households
- 171
- Foreign-born
- 0.5%
- Veterans
- 10.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Bayard ›
Education in Bayard
5.9% of adults 25 and older in Bayard have a bachelor's degree or higher (Iowa: 31.4%), and 0.7% have a graduate or professional degree.
Jobs and commute in Bayard
- Unemployment rate
- 4.7%State: 3.6%
- Average commute
- 39 minState: 20 min
- Work from home
- 1.2%
- Drive alone
- 81.5%
- Public transit
- 0%
- Walk to work
- 1.7%
- Homes with broadband
- 85.4%
Bayard vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Bayard | 398 | $57,250 | $65,800 | $894 |
| Coon Rapids | 1,467 | $76,012 | $134,100 | $780 |
| Bagley | 223 | $38,906 | $80,000 | $592 |
| Yale | 405 | $54,464 | $80,800 | $775 |
| Scranton | 542 | $53,864 | $86,300 | $825 |
| Lake Panorama | 928 | $126,563 | $388,600 | — |
| Guthrie Center | 1,689 | $71,116 | $123,800 | $868 |
| Jamaica | 189 | $52,250 | $67,000 | $498 |
| Dedham | 280 | $100,417 | $187,500 | — |
More for people moving to Bayard
Bayard ZIP code ›Weather and climate ›Living in Bayard: FAQ
What is the median household income in Bayard, IA?
The median household income in Bayard is $57,250, 24% 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 Bayard?
The median home value in Bayard is $65,800, compared with $208,000 in Iowa.
How much is rent in Bayard?
The median gross rent in Bayard is $894 per month, about 14.2% of household income.
Is Bayard, IA a good place to live?
Pluses: home values 68% lower than the state median. Minuses: median household income 24% lower than the Iowa median; an average commute of 39 minutes; unemployment of 4.7%; a poverty rate of 26.7%.
What is the median age in Bayard?
The median age in Bayard is 40.7 years (Iowa: 38.6).
How long is the commute in Bayard?
The average commute to work in Bayard is 39 minutes; 1.2% of workers work from home.
What is the unemployment rate in Bayard?
The unemployment rate in Bayard is 4.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bayard?
5.9% of adults in Bayard 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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