Living in Carpenter, Iowa
Cost of living, income, home prices, rent and demographics of Carpenter · Census data 2020–2024
Carpenter has 81 residents with a median age of 51.9. The median household income is $74,107 (about the same as the Iowa median), the median home value is $63,900, the median rent is $767/month.
Carpenter is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Carpenter at a glance
- Population
- 81
- Median age
- 51.9State: 38.6
- Median household income
- $74,107State: $75,059
- Median home value
- $63,900State: $208,000
- Median rent
- $767/moState: $972
- Homeowners
- 84.9%
- Bachelor's degree or higher
- 14.1%
- Average commute
- 32 min
Is Carpenter a good place to live?
Pros: Home values 69% lower than the state median; a poverty rate of 8.6%.
Cons: Median household income about the same as the Iowa median; an average commute of 32 minutes.
The weather is best in June to September.
Cost of living in Carpenter
Housing is the biggest part of the cost of living. In Carpenter the median home value is $63,900, 81% lower than the U.S. median. Renters pay a median of $767 per month, which is 46.7% of household income. Homeowners with a mortgage pay $940 a month in housing costs.
Carpenter median household income
The median household income in Carpenter is $74,107 and the income per person is $51,567. 8.6% of residents live below the poverty line (Iowa: 11.1%).
Housing in Carpenter: homes for sale and rent
- Housing units
- 58
- Owner-occupied
- 84.9%
- Renter-occupied
- 15.1%
- Vacant
- 8.6%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 1.53
Carpenter demographics
- Population
- 81
- Median age
- 51.9
- Under 18
- 11.1%
- 65 and older
- 22.2%
- Households
- 53
- Foreign-born
- 1.2%
- Veterans
- 15.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Carpenter ›
Education in Carpenter
14.1% of adults 25 and older in Carpenter have a bachelor's degree or higher (Iowa: 31.4%), and 0% have a graduate or professional degree.
Jobs and commute in Carpenter
- Unemployment rate
- 0%State: 3.6%
- Average commute
- 32 minState: 20 min
- Work from home
- 7.8%
- Drive alone
- 86.3%
- Public transit
- 0%
- Walk to work
- 2%
- Homes with broadband
- 88.7%
Carpenter vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Carpenter | 81 | $74,107 | $63,900 | $767 |
| St. Ansgar | 1,206 | $76,458 | $152,500 | $912 |
| Grafton | 271 | $48,750 | $93,300 | $638 |
| Lyle | 504 | $58,269 | $111,800 | $575 |
| Mitchell | 117 | $72,500 | $116,100 | — |
| Northwood | 2,040 | $63,450 | $130,300 | $706 |
| Kensett | 270 | $44,643 | $67,100 | $650 |
| Stacyville | 545 | $61,932 | $112,900 | $664 |
| Manly | 1,320 | $72,813 | $120,300 | $756 |
More for people moving to Carpenter
Carpenter ZIP code ›Weather and climate ›Living in Carpenter: FAQ
What is the median household income in Carpenter, IA?
The median household income in Carpenter is $74,107, about the same as 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 Carpenter?
The median home value in Carpenter is $63,900, compared with $208,000 in Iowa.
How much is rent in Carpenter?
The median gross rent in Carpenter is $767 per month, about 46.7% of household income.
Is Carpenter, IA a good place to live?
Pluses: home values 69% lower than the state median; a poverty rate of 8.6%. Minuses: median household income about the same as the Iowa median; an average commute of 32 minutes.
What is the median age in Carpenter?
The median age in Carpenter is 51.9 years (Iowa: 38.6).
How long is the commute in Carpenter?
The average commute to work in Carpenter is 32 minutes; 7.8% of workers work from home.
What is the unemployment rate in Carpenter?
The unemployment rate in Carpenter is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Carpenter?
14.1% of adults in Carpenter 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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