Living in Rake, Iowa
Cost of living, income, home prices, rent and demographics of Rake · Census data 2020–2024
Rake has 190 residents with a median age of 50.7. The median household income is $42,386 (44% lower than the Iowa median), the median home value is $49,000, the median rent is $650/month.
Rake is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Rake at a glance
- Population
- 190
- Median age
- 50.7State: 38.6
- Median household income
- $42,386State: $75,059
- Median home value
- $49,000State: $208,000
- Median rent
- $650/moState: $972
- Homeowners
- 93.8%
- Bachelor's degree or higher
- 20%
- Average commute
- 18 min
Is Rake a good place to live?
Pros: Home values 76% lower than the state median; an average commute of 18 minutes; unemployment of 1.8%.
Cons: Median household income 44% lower than the Iowa median; a poverty rate of 23.3%.
The weather is best in June to September.
Cost of living in Rake
Housing is the biggest part of the cost of living. In Rake the median home value is $49,000, 85% lower than the U.S. median. Renters pay a median of $650 per month, which is 25% of household income. Homeowners with a mortgage pay $910 a month in housing costs.
Rake median household income
The median household income in Rake is $42,386 and the income per person is $27,220. 23.3% of residents live below the poverty line (Iowa: 11.1%).
Housing in Rake: homes for sale and rent
- Housing units
- 94
- Owner-occupied
- 93.8%
- Renter-occupied
- 6.2%
- Vacant
- 13.8%Includes seasonal homes
- Median year built
- 1940
- Average household size
- 2.35
Rake demographics
- Population
- 190
- Median age
- 50.7
- Under 18
- 25.3%
- 65 and older
- 31.1%
- Households
- 81
- Foreign-born
- 7.4%
- Veterans
- 22.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Rake ›
Education in Rake
20% of adults 25 and older in Rake have a bachelor's degree or higher (Iowa: 31.4%), and 1.5% have a graduate or professional degree.
Jobs and commute in Rake
- Unemployment rate
- 1.8%State: 3.6%
- Average commute
- 18 minState: 20 min
- Work from home
- 9.1%
- Drive alone
- 76.4%
- Public transit
- 0%
- Walk to work
- 9.1%
- Homes with broadband
- 95.1%
Rake vs nearby towns
More for people moving to Rake
Rake ZIP code ›Weather and climate ›Living in Rake: FAQ
What is the median household income in Rake, IA?
The median household income in Rake is $42,386, 44% 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 Rake?
The median home value in Rake is $49,000, compared with $208,000 in Iowa.
How much is rent in Rake?
The median gross rent in Rake is $650 per month, about 25% of household income.
Is Rake, IA a good place to live?
Pluses: home values 76% lower than the state median; an average commute of 18 minutes; unemployment of 1.8%. Minuses: median household income 44% lower than the Iowa median; a poverty rate of 23.3%.
What is the median age in Rake?
The median age in Rake is 50.7 years (Iowa: 38.6).
How long is the commute in Rake?
The average commute to work in Rake is 18 minutes; 9.1% of workers work from home.
What is the unemployment rate in Rake?
The unemployment rate in Rake is 1.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Rake?
20% of adults in Rake 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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