Bassett, Iowa Demographics & Population 2026
During the 2020–2024 ACS period, Bassett, Iowa had a total population of 50, the 942nd largest city in Iowa, with a median household income of $62,895, which is 16% lower than the state average. The poverty rate is 20.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Only 0.0% of adults have a bachelor's degree, well below the national average of 35.7%.
- Housing is very affordable with a home-value-to-income ratio of just 1.4x.
Bassett Quick Facts
How Bassett Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 58 | 50 | -13.8% |
| Median household income | $60,438 | $62,895 | +4.1% |
| Median home value | $82,300 | $90,800 | +10.3% |
How Bassett Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 31 | National average: 61
Education
Educational Attainment (Adults 25+)
Bassett Rankings in Iowa
Explore Iowa Rankings
Other Cities in Chickasaw County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| New Hampton | 3,453 | $62,870 | 17.3% | $167,700 |
| Fredericksburg | 989 | $65,313 | 10.5% | $201,300 |
| Lawler | 363 | $65,833 | 10.5% | $117,100 |
| Ionia | 336 | $73,945 | 4.5% | $95,700 |
| Protivin | 312 | $71,667 | 2.2% | $116,900 |
| Alta Vista | 194 | $44,500 | 12.9% | $68,200 |
| North Washington | 134 | $71,964 | 10.6% | $135,000 |
Cities Similar to Bassett
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Hayesville | 52 | N/A | $69,000 | 11.4% | 32.7% |
| Loveland | 52 | N/A | N/A | 0.0% | 0.0% |
| Guernsey | 50 | $70,833 | $73,300 | 5.1% | 2.0% |
| Imogene | 49 | $68,125 | $49,200 | 14.7% | 4.1% |
| Cylinder | 46 | $62,500 | $91,700 | 34.2% | 10.9% |
A note before these figures: with a population of 50, Bassett's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Bassett is a small community located in Iowa, within Chickasaw County. The total population is 50. It ranks as the 942nd most populous out of 1,017 Census-designated places in Iowa.
Age Demographics
The median age in Bassett is 69.3 years. This is 80% higher than the state median of 38.6 years. 24.0% 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 is $62,895. This is 16% lower than the state median of $75,059. It is also 22% lower than the national median of $80,734. The poverty rate stands at 20.0%. This is 81% higher than the state poverty rate of 11.1%. The survey records no unemployed residents in Bassett, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $90,800. Housing costs are 56% lower than the state median of $208,000. With a home-value-to-income ratio of just 1.4x, Bassett is one of the most affordable housing markets in the area. 97.5% of occupied housing units are owner-occupied. This homeownership rate is 36% higher than the state average of 71.7%.
Race & Ethnicity
Bassett has a predominantly White (non-Hispanic) population, comprising 96.0% of all residents. Asian residents account for 4.0%. The Asian population is significantly higher than the state average (4.0% vs 2.5%).
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. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.0%.
Data Sources & Methodology
All demographic data for Bassett, Iowa is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Iowa state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,017 Census-designated places in Iowa. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
Free data download: Get all Iowa city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Bassett, Iowa?
Bassett, Iowa has a population of 50 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Bassett, IA?
The median household income in Bassett is $62,895, which is 22% lower than the national median of $80,734.
What is the poverty rate in Bassett, IA?
The poverty rate in Bassett is 20.0%. This means approximately 10 residents live below the federal poverty line.
What is the racial makeup of Bassett, Iowa?
Bassett's population is 96.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 4.0% Asian.
What is the median home value in Bassett, IA?
The median home value in Bassett is $90,800. The home-value-to-income ratio is 1.4x.
How educated is Bassett, Iowa?
0.0% of adults (25+) in Bassett hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.