Living in Thayer, Iowa

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

Thayer has 45 residents with a median age of 29.5. The median household income is $55,000 (27% lower than the Iowa median), the median home value is $25,800.

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

Thayer at a glance

Population
45
Median age
29.5State: 38.6
Median household income
$55,000State: $75,059
Median home value
$25,800State: $208,000
Homeowners
100%
Bachelor's degree or higher
7.4%
Average commute
54 min

Is Thayer a good place to live?

Pros: Home values 88% lower than the state median; a poverty rate of 4.4%.

Cons: Median household income 27% lower than the Iowa median; an average commute of 54 minutes; unemployment of 22.2%.

The weather is best in June to September.

Cost of living in Thayer

Housing is the biggest part of the cost of living. In Thayer the median home value is $25,800, 92% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.

Median home value

Thayer$25,800
Iowa$208,000
United States$332,700

Median monthly rent

Iowa$972
United States$1,413

Thayer median household income

The median household income in Thayer is $55,000 and the income per person is $19,391. 4.4% of residents live below the poverty line (Iowa: 11.1%).

Median household income

Thayer$55,000
Iowa$75,059
United States$80,734

Housing in Thayer: homes for sale and rent

Housing units
22
Owner-occupied
100%
Renter-occupied
0%
Vacant
36.4%Includes seasonal homes
Median year built
1938
Average household size
3.21

36.4% of homes are vacant most of the year, a sign that Thayer has many vacation and second homes.

Thayer demographics

Population
45
Median age
29.5
Under 18
40%
65 and older
13.3%
Households
14
Foreign-born
0%
Veterans
0%Adults 18+

Race and ethnicity

White73.3%
Hispanic or Latino0%
Black0%
Asian0%

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

Education in Thayer

7.4% of adults 25 and older in Thayer have a bachelor's degree or higher (Iowa: 31.4%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Thayer7.4%
Iowa31.4%
United States35.7%

Jobs and commute in Thayer

Unemployment rate
22.2%State: 3.6%
Average commute
54 minState: 20 min
Work from home
0%
Drive alone
100%
Public transit
0%
Walk to work
0%
Homes with broadband
100%

Thayer vs nearby towns

TownPopulationMedian incomeHome valueRent
Thayer45$55,000$25,800—
Murray614$65,500$80,800$831
Lorimor319$45,500$68,600$833
Afton817$54,545$95,300$590
Sun Valley Lake163$135,521$637,000—
Osceola5,523$68,284$146,300$943
Shannon City115$92,875$45,000—
Tingley128$62,083$75,000$788
Grand River166$40,156$40,000—

More for people moving to Thayer

Thayer ZIP code ›Weather and climate ›

Living in Thayer: FAQ

What is the median household income in Thayer, IA?

The median household income in Thayer is $55,000, 27% 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 Thayer?

The median home value in Thayer is $25,800, compared with $208,000 in Iowa.

Is Thayer, IA a good place to live?

Pluses: home values 88% lower than the state median; a poverty rate of 4.4%. Minuses: median household income 27% lower than the Iowa median; an average commute of 54 minutes; unemployment of 22.2%.

What is the median age in Thayer?

The median age in Thayer is 29.5 years (Iowa: 38.6).

How long is the commute in Thayer?

The average commute to work in Thayer is 54 minutes; 0% of workers work from home.

What is the unemployment rate in Thayer?

The unemployment rate in Thayer is 22.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Thayer?

7.4% of adults in Thayer 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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