Iowa · Census place 11035
Carpenter city, IA
Quick answer
Carpenter city has 70 residents, ranking #902 of 1026 places in Iowa. Median household income is $72,344, the median home is worth $62,500 and median gross rent runs $775 a month.
- Population
- 70Carpenter city residents
- Median household income
- $72,344Past 12 months, inflation adjusted
- Median home value
- $62,500Owner-occupied units
- Median gross rent
- $775Rent plus utilities, monthly
- Median age
- 49.8 yrsAll residents
- Homeownership rate
- 82.9%Owner-occupied households
What the numbers mean in Carpenter city
Housing cost measured against local earnings.
A household earning the Carpenter city median would spend about 12.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 0.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.3% of residents and 82.9% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
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