Iowa · Census place 65415
Rake city, IA
Quick answer
Rake city has 199 residents, ranking #704 of 1026 places in Iowa. Median household income is $41,071, the median home is worth $34,200 and median gross rent runs $792 a month.
- Population
- 199Rake city residents
- Median household income
- $41,071Past 12 months, inflation adjusted
- Median home value
- $34,200Owner-occupied units
- Median gross rent
- $792Rent plus utilities, monthly
- Median age
- 49.1 yrsAll residents
- Homeownership rate
- 84.8%Owner-occupied households
What the numbers mean in Rake city
Housing cost measured against local earnings.
A household earning the Rake city median would spend about 23.1% 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 0.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 22.6% of residents and 84.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Iowa.
- Portsmouth city 200
- Marathon city 199
- Marble Rock city 199
- Thurman city 197
- Bradford CDP 196
- New Providence city 196
- Harris city 191
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More Iowa coverage.