Living in Letts, Iowa
Cost of living, income, home prices, rent and demographics of Letts · Census data 2020–2024
Letts has 361 residents with a median age of 33. The median household income is $76,538 (about the same as the Iowa median), the median home value is $122,400, the median rent is $950/month.
Letts is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Letts at a glance
- Population
- 361
- Median age
- 33State: 38.6
- Median household income
- $76,538State: $75,059
- Median home value
- $122,400State: $208,000
- Median rent
- $950/moState: $972
- Homeowners
- 86.9%
- Bachelor's degree or higher
- 11%
- Average commute
- 24 min
Is Letts a good place to live?
Pros: Median household income about the same as the Iowa median; home values 41% lower than the state median; a poverty rate of 3.3%.
Cons: An average commute of 24 minutes; unemployment of 10.1%.
The weather is best in June to September.
Cost of living in Letts
Housing is the biggest part of the cost of living. In Letts the median home value is $122,400, 63% lower than the U.S. median. Renters pay a median of $950 per month, which is 18.3% of household income. Homeowners with a mortgage pay $1,214 a month in housing costs.
Letts median household income
The median household income in Letts is $76,538 and the income per person is $35,534. 3.3% of residents live below the poverty line (Iowa: 11.1%).
Housing in Letts: homes for sale and rent
- Housing units
- 134
- Owner-occupied
- 86.9%
- Renter-occupied
- 13.1%
- Vacant
- 9%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.96
Letts demographics
- Population
- 361
- Median age
- 33
- Under 18
- 29.1%
- 65 and older
- 14.7%
- Households
- 122
- Foreign-born
- 4.2%
- Veterans
- 7%Adults 18+
Hispanic or Latino can be of any race. Population history of Letts ›
Education in Letts
11% of adults 25 and older in Letts have a bachelor's degree or higher (Iowa: 31.4%), and 1.2% have a graduate or professional degree.
Jobs and commute in Letts
- Unemployment rate
- 10.1%State: 3.6%
- Average commute
- 24 minState: 20 min
- Work from home
- 0%
- Drive alone
- 97.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 91.8%
Letts vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Letts | 361 | $76,538 | $122,400 | $950 |
| Grandview | 449 | $57,625 | $142,400 | $856 |
| Fruitland | 1,049 | $103,424 | $217,700 | — |
| Fredonia | 240 | $85,625 | $71,700 | — |
| Conesville | 439 | $68,750 | — | $994 |
| Columbus Junction | 2,110 | $63,828 | $125,800 | $623 |
| Columbus City | 323 | $89,875 | $111,600 | — |
| Muscatine | 23,489 | $58,117 | $153,600 | $974 |
| Wapello | 1,765 | $72,708 | $143,900 | $711 |
More for people moving to Letts
Letts ZIP code ›Weather and climate ›Living in Letts: FAQ
What is the median household income in Letts, IA?
The median household income in Letts is $76,538, 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 Letts?
The median home value in Letts is $122,400, compared with $208,000 in Iowa.
How much is rent in Letts?
The median gross rent in Letts is $950 per month, about 18.3% of household income.
Is Letts, IA a good place to live?
Pluses: median household income about the same as the Iowa median; home values 41% lower than the state median; a poverty rate of 3.3%. Minuses: an average commute of 24 minutes; unemployment of 10.1%.
What is the median age in Letts?
The median age in Letts is 33 years (Iowa: 38.6).
How long is the commute in Letts?
The average commute to work in Letts is 24 minutes; 0% of workers work from home.
What is the unemployment rate in Letts?
The unemployment rate in Letts is 10.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Letts?
11% of adults in Letts 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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