Living in Bennett, Iowa
Cost of living, income, home prices, rent and demographics of Bennett · Census data 2020–2024
Bennett has 390 residents with a median age of 43.1. The median household income is $69,375 (8% lower than the Iowa median), the median home value is $130,300, the median rent is $886/month.
Bennett is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Bennett at a glance
- Population
- 390
- Median age
- 43.1State: 38.6
- Median household income
- $69,375State: $75,059
- Median home value
- $130,300State: $208,000
- Median rent
- $886/moState: $972
- Homeowners
- 73.8%
- Bachelor's degree or higher
- 8.6%
- Average commute
- 28 min
Is Bennett a good place to live?
Pros: Home values 37% lower than the state median; unemployment of 3.2%.
Cons: Median household income 8% lower than the Iowa median; an average commute of 28 minutes; a poverty rate of 11.9%.
The weather is best in May–June and August–September.
Cost of living in Bennett
Housing is the biggest part of the cost of living. In Bennett the median home value is $130,300, 61% lower than the U.S. median. Renters pay a median of $886 per month, which is 23.8% of household income. Homeowners with a mortgage pay $1,205 a month in housing costs.
Bennett median household income
The median household income in Bennett is $69,375 and the income per person is $38,852. 11.9% of residents live below the poverty line (Iowa: 11.1%).
Housing in Bennett: homes for sale and rent
- Housing units
- 185
- Owner-occupied
- 73.8%
- Renter-occupied
- 26.3%
- Vacant
- 13.5%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.44
Bennett demographics
- Population
- 390
- Median age
- 43.1
- Under 18
- 19.5%
- 65 and older
- 18.2%
- Households
- 160
- Foreign-born
- 1.5%
- Veterans
- 6.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Bennett ›
Education in Bennett
8.6% of adults 25 and older in Bennett have a bachelor's degree or higher (Iowa: 31.4%), and 2.4% have a graduate or professional degree.
Jobs and commute in Bennett
- Unemployment rate
- 3.2%State: 3.6%
- Average commute
- 28 minState: 20 min
- Work from home
- 2.4%
- Drive alone
- 74.9%
- Public transit
- 0%
- Walk to work
- 5.3%
- Homes with broadband
- 90%
Bennett vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Bennett | 390 | $69,375 | $130,300 | $886 |
| New Liberty | 141 | $86,250 | $127,800 | $1,375 |
| Tipton | 3,106 | $61,115 | $165,500 | $845 |
| Lowden | 699 | $56,118 | $119,800 | $839 |
| Wheatland | 925 | $39,167 | $119,100 | $791 |
| Dixon | 190 | $62,500 | $121,500 | — |
| Durant | 1,946 | $81,625 | $194,300 | $784 |
| Wilton | 2,920 | $76,648 | $189,200 | $805 |
| Clarence | 1,166 | $56,250 | $154,300 | $888 |
More for people moving to Bennett
Bennett ZIP code ›Weather and climate ›Living in Bennett: FAQ
What is the median household income in Bennett, IA?
The median household income in Bennett is $69,375, 8% 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 Bennett?
The median home value in Bennett is $130,300, compared with $208,000 in Iowa.
How much is rent in Bennett?
The median gross rent in Bennett is $886 per month, about 23.8% of household income.
Is Bennett, IA a good place to live?
Pluses: home values 37% lower than the state median; unemployment of 3.2%. Minuses: median household income 8% lower than the Iowa median; an average commute of 28 minutes; a poverty rate of 11.9%.
What is the median age in Bennett?
The median age in Bennett is 43.1 years (Iowa: 38.6).
How long is the commute in Bennett?
The average commute to work in Bennett is 28 minutes; 2.4% of workers work from home.
What is the unemployment rate in Bennett?
The unemployment rate in Bennett is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bennett?
8.6% of adults in Bennett 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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