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Bassett city, Iowa Demographics & Population 2026

High PovertyPoverty rate of 27.6% is well above the state average
Very AffordableHome value to income ratio of 1.4x is exceptionally low

As of 2026, Bassett city, Iowa has a total population of 58, the 923rd largest city in Iowa, with a median household income of $60,438, which is 17% lower than the state average. The poverty rate is 27.6%.

Key Takeaways

Bassett city Quick Facts

Population 58
Median Household Income $60,438
Median Home Value $82,300
Poverty Rate 27.6%
Unemployment Rate 0.0%
Median Age 69.4 years
Homeownership Rate 95.3%
Affordability Ratio 1.4x
Bachelor's Degree or Higher 0.0%
High School Graduation Rate 90.9%
Diversity Index 10/100
Population 58 923rd of 1,018
Median Income $60,438 average
Poverty Rate 27.6% 122% higher national
Median Home Value $82,300 bottom 30%

How Bassett city Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 3.6% | National: 5.2%
25.9% Labor Force Participation

Housing Overview

Owner 95.3%
Renter 4.6%
Affordability Index Very Affordable
1.4x home value to income ratio

People & Demographics

Diversity Index

10out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 30 | National average: 60

Education

Bassett city Rankings in Iowa

#923 Population of 1,018
#572 Median Income of 1,018
#974 Education of 1,018
#709 Home Value of 1,018

Cities Similar to Bassett city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Downey CDP58N/AN/A15.5%0.0%
New Haven CDP58N/AN/A0.0%32.8%
Ricketts city58N/A$52,0004.5%13.8%
Scarville city61N/A$51,70043.6%22.9%
Plano city62$60,714N/A27.6%4.8%

Population Overview

Bassett city is a small community located in Iowa. The total population is 58. It ranks as the 923rd most populous out of 1,018 cities and towns in Iowa.

Age Demographics

The median age in Bassett city is 69.4 years. This is 80% higher than the state median of 38.6 years. Only 0.0% of residents are under 18, indicating fewer families with children. 20.7% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Bassett city is $60,438. This is 17% lower than the state median of $73,147. Compared to the national median of $78,538, household income here is 23% lower. The poverty rate stands at 27.6%. This is 151% higher than the state poverty rate of 11.0%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 3.6%. The median home value is $82,300. Housing costs are 58% lower than the state median of $195,900. With a home-value-to-income ratio of just 1.4x, Bassett city is one of the most affordable housing markets in the area. 95.3% of occupied housing units are owner-occupied. This homeownership rate is 33% higher than the state average of 71.5%.

Race & Ethnicity

Bassett city has a predominantly White (non-Hispanic) population, comprising 94.8% of all residents. Asian residents account for 5.2%. The Asian population is significantly higher than the state average (5.2% vs 2.4%).

Education

0.0% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 100% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.9%.

Data Sources & Methodology

All demographic data for Bassett city, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,018 Census-designated places in Iowa. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Bassett city, Iowa?

Bassett city, Iowa has a population of 58 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Bassett city, IA?

The median household income in Bassett city is $60,438, which is 23% lower the national median of $78,538.

What is the poverty rate in Bassett city, IA?

The poverty rate in Bassett city is 27.6%. This means approximately 16 residents live below the federal poverty line.

What is the racial makeup of Bassett city, Iowa?

Bassett city's population is 94.8% White, 0.0% Black, 0.0% Hispanic/Latino, and 5.2% Asian.

What is the median home value in Bassett city, IA?

The median home value in Bassett city is $82,300. The home-value-to-income ratio is 1.4x.

How educated is Bassett city, Iowa?

0.0% of adults (25+) in Bassett city hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.