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Slater, Iowa Demographics & Population 2026

Very AffordableHome value to income ratio of 2.4x is exceptionally low

During the 2020–2024 ACS period, Slater, Iowa had a total population of 1,401, the 227th largest city in Iowa, with a median household income of $97,500, which is 30% higher than the state average. The poverty rate is 3.8%.

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

Key Takeaways

Slater Quick Facts

Population 1,401
Median Household Income $97,500
Median Home Value $232,800
Poverty Rate 3.8%
Unemployment Rate 1.1%
Median Age 39.4 years
Homeownership Rate 83.8%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 36.5%
High School Graduation Rate 99.2%
Diversity Index 15/100
Population 1,401 227th of 1,017
Median Income $97,500 top 10%
Poverty Rate 3.8% 70% lower than national
Median Home Value $232,800 top 20%

How Slater 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
Population1,4981,401-6.5%
Median household income$87,708$97,500+11.2%
Median home value$222,000$232,800+4.9%

How Slater Compares

Economy & Housing

Household Income Distribution

Under $25K 6.6%
$25K-$50K 12.5%
$50K-$100K 31.6%
$100K+ 49.3%
Detailed income brackets
Under $10K
1.1%
$10K-$15K
0.7%
$15K-$20K
3.6%
$20K-$25K
1.3%
$25K-$30K
0.9%
$30K-$35K
1.1%
$35K-$40K
4.3%
$40K-$45K
4.3%
$45K-$50K
2.0%
$50K-$60K
10.2%
$60K-$75K
10.0%
$75K-$100K
11.4%
$100K-$125K
9.1%
$125K-$150K
15.5%
$150K-$200K
17.5%
$200K+
7.1%

Employment

1.1% Unemployment Rate State: 3.6%|National: 5.2%
72.8% Labor Force Participation

Housing Overview

Owner 83.8%
Renter 16.2%
Affordability Index Very Affordable
2.4x home value to income ratio
Median gross rent $895/mo 11.0% of median household income annually

People & Demographics

Diversity Index

15out of 100
Very Low Diversity

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

State average: 31 | National average: 61

Education

Slater Rankings in Iowa

#227 Population of 1,017
#95 Median Income of 948
#96 Education of 1,016
#105 Home Value of 947

Other Cities in Story County

CityPopulationMedian IncomePovertyHome Value
Ames 67,669 $60,991 25.4% $277,400
Nevada 6,983 $75,094 9.9% $182,400
Huxley 4,544 $112,094 4.5% $297,100
Story City 3,398 $96,605 12.6% $215,600
Roland 1,559 $79,028 1.1% $185,900
Gilbert 1,381 $122,656 3.4% $274,600
Maxwell 905 $97,639 4.1% $184,600
Cambridge 803 $57,333 11.2% $178,100
Colo 686 $64,000 6.4% $152,000
Zearing 566 $74,167 15.4% $158,800

Cities Similar to Slater

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Alton1,459$98,036$218,90024.3%2.6%
Dike1,365$91,146$247,80042.5%5.4%
Palo1,438$106,375$282,40027.2%5.5%
Logan1,392$84,833$154,00028.5%4.6%
University Heights1,384$111,406$429,90087.1%14.4%

Population Overview

Slater is a small community located in Iowa, within Story County. The total population is 1,401. It ranks as the 227th most populous out of 1,017 Census-designated places in Iowa.

Age Demographics

The median age in Slater is 39.4 years. This is 2% higher than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Slater is $97,500. This is 30% higher than the state median of $75,059. It is also 21% higher than the national median of $80,734. The poverty rate stands at 3.8%. This is 66% lower than the state poverty rate of 11.1%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.1%. This is 68% lower than the state rate of 3.6%. The median home value is $232,800. Housing costs are 12% higher than the state median of $208,000. With a home-value-to-income ratio of just 2.4x, Slater is one of the most affordable housing markets in the area. 83.8% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 71.7%.

Race & Ethnicity

Slater has a predominantly White (non-Hispanic) population, comprising 91.8% of all residents. Hispanic or Latino residents account for 5.2%. The Black or African American population (0.1%) is well below the state average of 3.8%.

Education

36.5% of residents aged 25 and older hold a bachelor's degree or higher. This places Slater in the top 10% of all cities in the state for educational attainment. This is 16% higher 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 99.2%.

Data Sources & Methodology

All demographic data for Slater, 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 Slater, Iowa?

Slater, Iowa has a population of 1,401 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Slater, IA?

The median household income in Slater is $97,500, which is 21% higher than the national median of $80,734.

What is the poverty rate in Slater, IA?

The poverty rate in Slater is 3.8%. This means approximately 53 residents live below the federal poverty line.

What is the racial makeup of Slater, Iowa?

Slater's population is 91.8% White, 0.1% Black, 5.2% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Slater, IA?

The median home value in Slater is $232,800. The home-value-to-income ratio is 2.4x.

How educated is Slater, Iowa?

36.5% of adults (25+) in Slater hold a bachelor's degree or higher, and 10.0% hold a graduate or professional degree.