Calumet, IA
Population 131 · Iowa
About Calumet, IA
Calumet is a small community located in Iowa with a population of 131 residents according to the latest US Census Bureau American Community Survey data. The median household income is $53,125 per year, which is 29% below the national median of $75,149. The median age of 32.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Calumet features a median home value of $65,000, which is 73% below the national median of $244,900. This makes Calumet one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $475, 59% below the national average of $1,163/month. Of the 58 total housing units, 84% are owner-occupied (46 units) and 16% are renter-occupied (9 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Calumet shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 25.2%, above the national average of 12.4%. Workers in Calumet have an average one-way commute time of 23.2 minutes.
Education & Demographics
17.3% of Calumet residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 7.6% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.5% of the population being foreign-born.
How Calumet Ranks in Iowa
Cost of Living in Calumet, IA
Compared to national averages, Calumet has a median household income of $53,125 (29% below the national median of $75,149). Home values average $65,000, which is 73% below the national median. Monthly rent at $475 is 59% below the US average of $1,163. Within Iowa, Calumet's income is 22% below the state average of $67,947, and home values are 51% below the state median of $132,237.
Why Live in Calumet, IA?
Calumet offers affordable housing with a median home value of $65,000, below the US average of $244,900, and rent that’s lower than the national average at $475/month, and short commute times averaging just 23.2 minutes.
Potential considerations include median household income ($53,125) that falls below the national average. However, Calumet’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Calumet has a population of 131 with a median age of 32.8 years. Compare Calumet with other cities to see how it stacks up, or explore all cities in Iowa.
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Demographics
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Economy & Education
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Calumet
What is the population of Calumet, IA?
The population of Calumet, IA is 131 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Calumet?
The median household income in Calumet, IA is $53,125 per year, which is 29% below the national median of $75,149.
What is the median home value in Calumet?
The median home value in Calumet, IA is $65,000, which is 73% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Calumet?
The median monthly rent in Calumet, IA is $475, which is 59% below the national average of $1,163/month.
What is the unemployment rate in Calumet?
The unemployment rate in Calumet, IA is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Calumet, IA a good place to live?
Calumet offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 131 and a median age of 32.8, the city appeals to young professionals and families.
How educated is Calumet, IA?
17.3% of residents in Calumet aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Calumet?
Key cost-of-living indicators for Calumet, IA: median home value is $65,000 (73% below national), median rent is $475/month, and median household income is $53,125. The home-value-to-income ratio is 1.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Calumet?
The poverty rate in Calumet, IA is 25.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Calumet, IA?
Calumet's population is 7.6% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.5% of residents are foreign-born.