Living in Lester, Iowa

Cost of living, income, home prices, rent and demographics of Lester · Census data 2020–2024

Lester has 340 residents with a median age of 38.8. The median household income is $99,063 (32% higher than the Iowa median), the median home value is $190,900.

Lester is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Lester at a glance

Population
340
Median age
38.8State: 38.6
Median household income
$99,063State: $75,059
Median home value
$190,900State: $208,000
Homeowners
96.5%
Bachelor's degree or higher
17.2%
Average commute
19 min

Is Lester a good place to live?

Pros: Median household income 32% higher than the Iowa median; home values 8% lower than the state median; an average commute of 19 minutes; a poverty rate of 1.5%.

The weather is best in June to September.

Cost of living in Lester

Housing is the biggest part of the cost of living. In Lester the median home value is $190,900, 43% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,528 a month in housing costs.

Median home value

Lester$190,900
Iowa$208,000
United States$332,700

Median monthly rent

Iowa$972
United States$1,413

Lester median household income

The median household income in Lester is $99,063 and the income per person is $40,775. 1.5% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Lester$99,063
Iowa$75,059
United States$80,734

Housing in Lester: homes for sale and rent

Housing units
119
Owner-occupied
96.5%
Renter-occupied
3.5%
Vacant
4.2%Includes seasonal homes
Median year built
1974
Average household size
2.98

Lester demographics

Population
340
Median age
38.8
Under 18
23.5%
65 and older
21.8%
Households
114
Foreign-born
5.6%
Veterans
7.5%Adults 18+

Race and ethnicity

White85.3%
Hispanic or Latino12.1%
Black0%
Asian1.2%

Hispanic or Latino can be of any race. Population history of Lester ›

Education in Lester

17.2% of adults 25 and older in Lester have a bachelor's degree or higher (Iowa: 31.4%), and 2.6% have a graduate or professional degree.

Bachelor's degree or higher

Lester17.2%
Iowa31.4%
United States35.7%

Jobs and commute in Lester

Unemployment rate
0%State: 3.6%
Average commute
19 minState: 20 min
Work from home
7.3%
Drive alone
69.4%
Public transit
0%
Walk to work
6.2%
Homes with broadband
92.1%

Lester vs nearby towns

TownPopulationMedian incomeHome valueRent
Lester340$99,063$190,900—
Larchwood1,136$67,188$215,600$867
Steen125$60,000$140,300$788
Hills748$78,631$197,200$965
Alvord173$73,594$93,000—
Rock Rapids2,661$63,942$206,700$812
Inwood793$62,333$202,900$1,100
Valley Springs996$107,222$192,600$1,028
Beaver Creek293$64,583$172,500$910

More for people moving to Lester

Lester ZIP code ›Weather and climate ›

Living in Lester: FAQ

What is the median household income in Lester, IA?

The median household income in Lester is $99,063, 32% higher 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 Lester?

The median home value in Lester is $190,900, compared with $208,000 in Iowa.

Is Lester, IA a good place to live?

Pluses: median household income 32% higher than the Iowa median; home values 8% lower than the state median; an average commute of 19 minutes; a poverty rate of 1.5%.

What is the median age in Lester?

The median age in Lester is 38.8 years (Iowa: 38.6).

How long is the commute in Lester?

The average commute to work in Lester is 19 minutes; 7.3% of workers work from home.

What is the unemployment rate in Lester?

The unemployment rate in Lester is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Lester?

17.2% of adults in Lester 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.

Last updated: