Living in Tama, Iowa

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

Tama has 3,051 residents with a median age of 36.2. The median household income is $68,661 (9% lower than the Iowa median), the median home value is $106,800, the median rent is $832/month.

Tama at a glance

Population
3,051
Median age
36.2State: 38.6
Median household income
$68,661State: $75,059
Median home value
$106,800State: $208,000
Median rent
$832/moState: $972
Homeowners
74.2%
Bachelor's degree or higher
16.2%
Average commute
20 min

Is Tama a good place to live?

Pros: Home values 49% lower than the state median.

Cons: Median household income 9% lower than the Iowa median; an average commute of 20 minutes; unemployment of 7.5%; a poverty rate of 24%.

The weather is best in June to September.

Cost of living in Tama

Housing is the biggest part of the cost of living. In Tama the median home value is $106,800, 68% lower than the U.S. median. Renters pay a median of $832 per month, which is 26.1% of household income. Homeowners with a mortgage pay $1,175 a month in housing costs.

Median home value

Tama$106,800
Iowa$208,000
United States$332,700

Median monthly rent

Tama$832
Iowa$972
United States$1,413

Tama median household income

The median household income in Tama is $68,661 and the income per person is $28,745. 24% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Tama$68,661
Iowa$75,059
United States$80,734

Housing in Tama: homes for sale and rent

Housing units
1,122
Owner-occupied
74.2%
Renter-occupied
25.8%
Vacant
6.2%Includes seasonal homes
Median year built
1960
Average household size
2.85

Tama demographics

Population
3,051
Median age
36.2
Under 18
30.1%
65 and older
16.3%
Households
1,052
Foreign-born
12.9%
Veterans
7.8%Adults 18+

Race and ethnicity

White66.9%
Hispanic or Latino27.5%
Black1.6%
Asian0.4%

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

Education in Tama

16.2% of adults 25 and older in Tama have a bachelor's degree or higher (Iowa: 31.4%), and 5.7% have a graduate or professional degree.

Bachelor's degree or higher

Tama16.2%
Iowa31.4%
United States35.7%

Jobs and commute in Tama

Unemployment rate
7.5%State: 3.6%
Average commute
20 minState: 20 min
Work from home
5.8%
Drive alone
73.6%
Public transit
0%
Walk to work
0%
Homes with broadband
85%

Tama vs nearby towns

TownPopulationMedian incomeHome valueRent
Tama3,051$68,661$106,800$832
Toledo1,966$53,333$118,400$887
Montour206$81,346$94,200—
Chelsea404$40,313$43,500—
Garwin571$55,714$87,600$750
Le Grand720$76,250$145,700$533
Clutier426$65,156$61,800$1,577
Holiday Lake397$82,868$284,800—
Gilman623$101,136$88,700$678

More for people moving to Tama

Tama ZIP code ›Weather and climate ›

Living in Tama: FAQ

What is the median household income in Tama, IA?

The median household income in Tama is $68,661, 9% 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 Tama?

The median home value in Tama is $106,800, compared with $208,000 in Iowa.

How much is rent in Tama?

The median gross rent in Tama is $832 per month, about 26.1% of household income.

Is Tama, IA a good place to live?

Pluses: home values 49% lower than the state median. Minuses: median household income 9% lower than the Iowa median; an average commute of 20 minutes; unemployment of 7.5%; a poverty rate of 24%.

What is the median age in Tama?

The median age in Tama is 36.2 years (Iowa: 38.6).

How long is the commute in Tama?

The average commute to work in Tama is 20 minutes; 5.8% of workers work from home.

What is the unemployment rate in Tama?

The unemployment rate in Tama is 7.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Tama?

16.2% of adults in Tama 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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