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.
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%).
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+
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.
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
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Thayer | 45 | $55,000 | $25,800 | — |
| Murray | 614 | $65,500 | $80,800 | $831 |
| Lorimor | 319 | $45,500 | $68,600 | $833 |
| Afton | 817 | $54,545 | $95,300 | $590 |
| Sun Valley Lake | 163 | $135,521 | $637,000 | — |
| Osceola | 5,523 | $68,284 | $146,300 | $943 |
| Shannon City | 115 | $92,875 | $45,000 | — |
| Tingley | 128 | $62,083 | $75,000 | $788 |
| Grand River | 166 | $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.
Last updated: