Living in Slater, Iowa
Cost of living, income, home prices, rent and demographics of Slater · Census data 2020–2024
Slater has 1,401 residents with a median age of 39.4. The median household income is $97,500 (30% higher than the Iowa median), the median home value is $232,800, the median rent is $895/month.
Slater is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Slater at a glance
- Population
- 1,401
- Median age
- 39.4State: 38.6
- Median household income
- $97,500State: $75,059
- Median home value
- $232,800State: $208,000
- Median rent
- $895/moState: $972
- Homeowners
- 83.8%
- Bachelor's degree or higher
- 36.5%
- Average commute
- 23 min
Is Slater a good place to live?
Pros: Median household income 30% higher than the Iowa median; unemployment of 1.1%; a poverty rate of 3.8%.
Cons: Home values 12% higher than the state median; an average commute of 23 minutes.
The weather is best in June to September.
Cost of living in Slater
Housing is the biggest part of the cost of living. In Slater the median home value is $232,800, 30% lower than the U.S. median. Renters pay a median of $895 per month, which is 26.4% of household income. Homeowners with a mortgage pay $1,715 a month in housing costs.
Slater median household income
The median household income in Slater is $97,500 and the income per person is $43,651. 3.8% of residents live below the poverty line (Iowa: 11.1%).
Housing in Slater: homes for sale and rent
- Housing units
- 580
- Owner-occupied
- 83.8%
- Renter-occupied
- 16.3%
- Vacant
- 3.4%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.50
Slater demographics
- Population
- 1,401
- Median age
- 39.4
- Under 18
- 24.1%
- 65 and older
- 13.9%
- Households
- 560
- Foreign-born
- 0.4%
- Veterans
- 5.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Slater ›
Education in Slater
36.5% of adults 25 and older in Slater have a bachelor's degree or higher (Iowa: 31.4%), and 10% have a graduate or professional degree.
Jobs and commute in Slater
- Unemployment rate
- 1.1%State: 3.6%
- Average commute
- 23 minState: 20 min
- Work from home
- 16.9%
- Drive alone
- 71.3%
- Public transit
- 0%
- Walk to work
- 1.3%
- Homes with broadband
- 92.7%
Slater vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Slater | 1,401 | $97,500 | $232,800 | $895 |
| Sheldahl | 361 | $80,938 | $184,700 | — |
| Kelley | 382 | $111,250 | $220,800 | $966 |
| Huxley | 4,544 | $112,094 | $297,100 | $1,393 |
| Alleman | 429 | $121,875 | $299,200 | — |
| Madrid | 2,808 | $89,844 | $185,600 | $1,029 |
| Polk City | 6,037 | $164,389 | $414,800 | $782 |
| Cambridge | 803 | $57,333 | $178,100 | $1,043 |
| Luther | 159 | $100,938 | $191,700 | — |
More for people moving to Slater
Slater ZIP code ›Weather and climate ›Living in Slater: FAQ
What is the median household income in Slater, IA?
The median household income in Slater is $97,500, 30% 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 Slater?
The median home value in Slater is $232,800, compared with $208,000 in Iowa.
How much is rent in Slater?
The median gross rent in Slater is $895 per month, about 26.4% of household income.
Is Slater, IA a good place to live?
Pluses: median household income 30% higher than the Iowa median; unemployment of 1.1%; a poverty rate of 3.8%. Minuses: home values 12% higher than the state median; an average commute of 23 minutes.
What is the median age in Slater?
The median age in Slater is 39.4 years (Iowa: 38.6).
How long is the commute in Slater?
The average commute to work in Slater is 23 minutes; 16.9% of workers work from home.
What is the unemployment rate in Slater?
The unemployment rate in Slater is 1.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Slater?
36.5% of adults in Slater 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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