Living in Larchwood, Iowa
Cost of living, income, home prices, rent and demographics of Larchwood · Census data 2020–2024
Larchwood has 1,136 residents with a median age of 30.3. The median household income is $67,188 (10% lower than the Iowa median), the median home value is $215,600, the median rent is $867/month.
Larchwood is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Larchwood at a glance
- Population
- 1,136
- Median age
- 30.3State: 38.6
- Median household income
- $67,188State: $75,059
- Median home value
- $215,600State: $208,000
- Median rent
- $867/moState: $972
- Homeowners
- 74.6%
- Bachelor's degree or higher
- 28.5%
- Average commute
- 30 min
Is Larchwood a good place to live?
Pros: Unemployment of 1.8%; a poverty rate of 7.9%.
Cons: Median household income 10% lower than the Iowa median; home values 4% higher than the state median; an average commute of 30 minutes.
The weather is best in June to September.
Cost of living in Larchwood
Housing is the biggest part of the cost of living. In Larchwood the median home value is $215,600, 35% lower than the U.S. median. Renters pay a median of $867 per month, which is 21% of household income. Homeowners with a mortgage pay $1,486 a month in housing costs.
Larchwood median household income
The median household income in Larchwood is $67,188 and the income per person is $38,405. 7.9% of residents live below the poverty line (Iowa: 11.1%).
Housing in Larchwood: homes for sale and rent
- Housing units
- 458
- Owner-occupied
- 74.6%
- Renter-occupied
- 25.4%
- Vacant
- 6.3%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.65
Larchwood demographics
- Population
- 1,136
- Median age
- 30.3
- Under 18
- 29%
- 65 and older
- 12.9%
- Households
- 429
- Foreign-born
- 2%
- Veterans
- 6.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Larchwood ›
Education in Larchwood
28.5% of adults 25 and older in Larchwood have a bachelor's degree or higher (Iowa: 31.4%), and 12.8% have a graduate or professional degree.
Jobs and commute in Larchwood
- Unemployment rate
- 1.8%State: 3.6%
- Average commute
- 30 minState: 20 min
- Work from home
- 4.8%
- Drive alone
- 81.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 89%
Larchwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Larchwood | 1,136 | $67,188 | $215,600 | $867 |
| Lester | 340 | $99,063 | $190,900 | — |
| Hills | 748 | $78,631 | $197,200 | $965 |
| Valley Springs | 996 | $107,222 | $192,600 | $1,028 |
| Steen | 125 | $60,000 | $140,300 | $788 |
| Anderson | 219 | $145,556 | $364,500 | — |
| Shindler | 579 | $146,154 | $617,600 | — |
| Inwood | 793 | $62,333 | $202,900 | $1,100 |
| Alvord | 173 | $73,594 | $93,000 | — |
More for people moving to Larchwood
Larchwood ZIP code ›Weather and climate ›Living in Larchwood: FAQ
What is the median household income in Larchwood, IA?
The median household income in Larchwood is $67,188, 10% 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 Larchwood?
The median home value in Larchwood is $215,600, compared with $208,000 in Iowa.
How much is rent in Larchwood?
The median gross rent in Larchwood is $867 per month, about 21% of household income.
Is Larchwood, IA a good place to live?
Pluses: unemployment of 1.8%; a poverty rate of 7.9%. Minuses: median household income 10% lower than the Iowa median; home values 4% higher than the state median; an average commute of 30 minutes.
What is the median age in Larchwood?
The median age in Larchwood is 30.3 years (Iowa: 38.6).
How long is the commute in Larchwood?
The average commute to work in Larchwood is 30 minutes; 4.8% of workers work from home.
What is the unemployment rate in Larchwood?
The unemployment rate in Larchwood is 1.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Larchwood?
28.5% of adults in Larchwood 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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