Carpenter, IA
Population 70 · Iowa
About Carpenter, IA
Carpenter is a small community in Iowa with a population of 70 residents. The median household income is $72,344 per year, which is above the national average. The median age in Carpenter is 49.8 years.
Housing in Carpenter has a median home value of $62,500 and median monthly rent of $775. Of the 46 total housing units, the majority are owner-occupied, with 34 owner-occupied and 7 renter-occupied units.
The unemployment rate in Carpenter is 0.0% and the poverty rate is 4.3%. 9.1% of residents hold a bachelor's degree or higher. The average commute time is 31.2 minutes.
Cost of Living in Carpenter, IA
Compared to national averages, Carpenter has a median household income of $72,344 (4% below the national median of $75,149). Home values average $62,500, which is 74% below the national median. Monthly rent at $775 is 33% below the US average of $1,163. Within Iowa, Carpenter's income is 6% above the state average of $67,947, and home values are 53% below the state median of $132,237.
Why Live in Carpenter, IA?
Carpenter offers affordable housing with a median home value of $62,500, below the US average of $244,900, and rent that’s lower than the national average at $775/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 4.3%, better than the national average.
Potential considerations include median household income ($72,344) that falls below the national average. However, Carpenter’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Carpenter has a population of 70 with a median age of 49.8 years. Compare Carpenter with other cities to see how it stacks up, or explore all cities in Iowa.
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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 Carpenter
What is the population of Carpenter, IA?
The population of Carpenter, IA is 70 according to the latest Census data.
What is the median household income in Carpenter?
The median household income in Carpenter, IA is $72,344 per year.
What is the median home value in Carpenter?
The median home value in Carpenter, IA is $62,500.
What is the average rent in Carpenter?
The median monthly rent in Carpenter, IA is $775.
What is the unemployment rate in Carpenter?
The unemployment rate in Carpenter, IA is 0.0%.