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Rake city, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 0.8x is exceptionally low

As of 2026, Rake city, Iowa has a total population of 199, the 702nd largest city in Iowa, with a median household income of $41,071, which is 44% lower than the state average. The poverty rate is 22.6%.

Key Takeaways

Rake city Quick Facts

Population 199
Median Household Income $41,071
Median Home Value $34,200
Poverty Rate 22.6%
Unemployment Rate 0.0%
Median Age 49.1 years
Homeownership Rate 84.8%
Affordability Ratio 0.8x
Bachelor's Degree or Higher 20.8%
High School Graduation Rate 93.1%
Diversity Index 10/100
Population 199 702nd of 1,018
Median Income $41,071 bottom 10%
Poverty Rate 22.6% 82% higher national
Median Home Value $34,200 bottom 10%

How Rake city Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 3.6% | National: 5.2%
40.5% Labor Force Participation

Housing Overview

Owner 84.8%
Renter 15.2%
Affordability Index Very Affordable
0.8x 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

Rake city Rankings in Iowa

#702 Population of 1,018
#910 Median Income of 1,018
#350 Education of 1,018
#938 Home Value of 1,018

Cities Similar to Rake city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Fairport CDP200N/A$219,7004.0%35.5%
Marathon city199$40,417$41,70011.8%18.6%
Cincinnati city201$43,750$42,50013.7%17.4%
Wever CDP190N/A$262,10016.5%14.2%
Bentley CDP185N/A$188,80062.1%5.9%

Population Overview

Rake city is a small community located in Iowa. The total population is 199. It ranks as the 702nd most populous out of 1,018 cities and towns in Iowa.

Age Demographics

The median age in Rake city is 49.1 years. This is 27% higher than the state median of 38.6 years. 20.1% 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 Rake city is $41,071. This is 44% lower than the state median of $73,147. Compared to the national median of $78,538, household income here is 48% lower. The poverty rate stands at 22.6%. This is 106% 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 $34,200. Housing costs are 83% lower than the state median of $195,900. With a home-value-to-income ratio of just 0.8x, Rake city is one of the most affordable housing markets in the area. 84.8% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 71.5%.

Race & Ethnicity

Rake city has a predominantly White (non-Hispanic) population, comprising 95.0% of all residents. Hispanic or Latino residents account for 4.0%. The Black or African American population (1.0%) is well below the state average of 3.8%.

Education

20.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 33% 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 93.1%.

Data Sources & Methodology

All demographic data for Rake 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 Rake city, Iowa?

Rake city, Iowa has a population of 199 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Rake city is $41,071, which is 48% lower the national median of $78,538.

What is the poverty rate in Rake city, IA?

The poverty rate in Rake city is 22.6%. This means approximately 45 residents live below the federal poverty line.

What is the racial makeup of Rake city, Iowa?

Rake city's population is 95.0% White, 1.0% Black, 4.0% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Rake city is $34,200. The home-value-to-income ratio is 0.8x.

How educated is Rake city, Iowa?

20.8% of adults (25+) in Rake city hold a bachelor's degree or higher, and 1.4% hold a graduate or professional degree.