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Carter Lake, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

During the 2020–2024 ACS period, Carter Lake, Iowa had a total population of 3,767, the 107th largest city in Iowa, with a median household income of $85,349, which is 14% higher than the state average. The poverty rate is 11.5%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Carter Lake Quick Facts

Population 3,767
Median Household Income $85,349
Median Home Value $169,400
Poverty Rate 11.5%
Unemployment Rate 3.8%
Median Age 40.0 years
Homeownership Rate 91.0%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 9.5%
High School Graduation Rate 90.3%
Diversity Index 34/100
Population 3,767 107th of 1,017
Median Income $85,349 top 20%
Poverty Rate 11.5% 7% lower than national
Median Home Value $169,400 top 30%

How Carter Lake Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population3,7733,767-0.2%
Median household income$75,037$85,349+13.7%
Median home value$161,200$169,400+5.1%

How Carter Lake Compares

Economy & Housing

Household Income Distribution

Under $25K 7.1%
$25K-$50K 19.6%
$50K-$100K 31.3%
$100K+ 41.9%
Detailed income brackets
Under $10K
1.2%
$10K-$15K
2.0%
$15K-$20K
2.4%
$20K-$25K
1.5%
$25K-$30K
3.4%
$30K-$35K
7.1%
$35K-$40K
1.9%
$40K-$45K
1.7%
$45K-$50K
5.5%
$50K-$60K
9.6%
$60K-$75K
5.8%
$75K-$100K
15.9%
$100K-$125K
10.3%
$125K-$150K
17.3%
$150K-$200K
5.6%
$200K+
8.8%

Employment

3.8% Unemployment Rate State: 3.6%|National: 5.2%
65.3% Labor Force Participation

Housing Overview

Owner 91.0%
Renter 9.0%
Affordability Index Very Affordable
2.0x home value to income ratio
Median gross rent $1,323/mo 18.6% of median household income annually

People & Demographics

Diversity Index

34out of 100
Low Diversity

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

State average: 31 | National average: 61

Education

Carter Lake Rankings in Iowa

#107 Population of 1,017
#169 Median Income of 948
#806 Education of 1,016
#248 Home Value of 947

Other Cities in Pottawattamie County

CityPopulationMedian IncomePovertyHome Value
Council Bluffs 62,586 $64,578 15.1% $171,800
Avoca 1,444 $73,056 7.0% $173,800
Oakland 1,408 $81,354 14.2% $160,200
Walnut 1,342 $62,500 12.4% $115,900
Treynor 1,126 $121,696 5.1% $263,500
Neola 1,116 $73,306 6.1% $205,100
Underwood 898 $105,341 3.3% $253,500
Carson 834 $73,403 8.3% $181,400
Minden 630 $109,167 2.4% $170,500
Crescent 549 $116,042 0.4% $283,900

Cities Similar to Carter Lake

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
West Liberty3,776$69,345$180,00016.2%11.3%
Albia3,663$70,455$130,30024.7%14.6%
Rock Valley4,059$76,250$231,20016.6%9.3%
Osage3,561$68,730$160,70026.4%6.9%
Story City3,398$96,605$215,60044.0%12.6%

Population Overview

Carter Lake is a small community located in Iowa, within Pottawattamie County. The total population is 3,767. It ranks as the 107th most populous out of 1,017 Census-designated places in Iowa.

Age Demographics

The median age in Carter Lake is 40.0 years. This is 4% higher than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Carter Lake is $85,349. This is 14% higher than the state median of $75,059. It is also 6% higher than the national median of $80,734. The poverty rate stands at 11.5%. This is 4% higher than the state poverty rate of 11.1%. The unemployment rate is 3.8%. This is 7% higher than the state rate of 3.6%. The median home value is $169,400. Housing costs are 19% lower than the state median of $208,000. With a home-value-to-income ratio of just 2.0x, Carter Lake is one of the most affordable housing markets in the area. 91.0% of occupied housing units are owner-occupied. This homeownership rate is 27% higher than the state average of 71.7%.

Race & Ethnicity

The largest racial or ethnic group in Carter Lake is White (non-Hispanic), making up 80.0% of the population. Hispanic or Latino residents account for 14.3%. The Black or African American population (0.4%) is well below the state average of 3.8%. The Hispanic or Latino population is significantly higher than the state average (14.3% vs 7.3%). The Asian population (0.4%) is well below the state average of 2.5%.

Education

9.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 70% lower than the state rate of 31.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.3%.

Data Sources & Methodology

All demographic data for Carter Lake, 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.

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Frequently Asked Questions

What is the population of Carter Lake, Iowa?

Carter Lake, Iowa has a population of 3,767 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Carter Lake, IA?

The median household income in Carter Lake is $85,349, which is 6% higher than the national median of $80,734.

What is the poverty rate in Carter Lake, IA?

The poverty rate in Carter Lake is 11.5%. This means approximately 434 residents live below the federal poverty line.

What is the racial makeup of Carter Lake, Iowa?

Carter Lake's population is 80.0% White, 0.4% Black, 14.3% Hispanic/Latino, and 0.4% Asian.

What is the median home value in Carter Lake, IA?

The median home value in Carter Lake is $169,400. The home-value-to-income ratio is 2.0x.

How educated is Carter Lake, Iowa?

9.5% of adults (25+) in Carter Lake hold a bachelor's degree or higher, and 5.3% hold a graduate or professional degree.