Charlotte, IA
Population 431 · Iowa
About Charlotte, IA
Charlotte is a small community located in Iowa with a population of 431 residents according to the latest US Census Bureau American Community Survey data. The median household income is $69,792 per year, which is 7% below the national median of $75,149. The median age of 36.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Charlotte features a median home value of $95,500, which is 61% below the national median of $244,900. This makes Charlotte one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $704, 39% below the national average of $1,163/month. Of the 193 total housing units, 78% are owner-occupied (143 units) and 22% are renter-occupied (40 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Charlotte shows an unemployment rate of 2.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.2%, above the national average of 12.4%. Workers in Charlotte have an average one-way commute time of 30.7 minutes.
Education & Demographics
14.2% of Charlotte 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 8.6% White, 3.2% Hispanic or Latino, 0.0% Black or African American, and 5.3% Asian residents, with 7.2% of the population being foreign-born.
Cost of Living in Charlotte, IA
Compared to national averages, Charlotte has a median household income of $69,792 (7% below the national median of $75,149). Home values average $95,500, which is 61% below the national median. Monthly rent at $704 is 39% below the US average of $1,163. Within Iowa, Charlotte's income is 3% above the state average of $67,947, and home values are 28% below the state median of $132,237.
Why Live in Charlotte, IA?
Charlotte offers affordable housing with a median home value of $95,500, below the US average of $244,900, and rent that’s lower than the national average at $704/month, and a strong job market with an unemployment rate of just 2.8%.
Potential considerations include median household income ($69,792) that falls below the national average. However, Charlotte’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Charlotte has a population of 431 with a median age of 36.8 years. Compare Charlotte with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Charlotte
Cities in Iowa with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Charlotte With Other Cities
Frequently Asked Questions about Charlotte
What is the population of Charlotte, IA?
The population of Charlotte, IA is 431 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 Charlotte?
The median household income in Charlotte, IA is $69,792 per year, which is 7% below the national median of $75,149.
What is the median home value in Charlotte?
The median home value in Charlotte, IA is $95,500, which is 61% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Charlotte?
The median monthly rent in Charlotte, IA is $704, which is 39% below the national average of $1,163/month.
What is the unemployment rate in Charlotte?
The unemployment rate in Charlotte, IA is 2.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Charlotte, IA a good place to live?
Charlotte offers a moderate cost of living, affordable housing, and a strong job market. With a population of 431 and a median age of 36.8, the city appeals to a broad range of residents.
How educated is Charlotte, IA?
14.2% of residents in Charlotte 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 Charlotte?
Key cost-of-living indicators for Charlotte, IA: median home value is $95,500 (61% below national), median rent is $704/month, and median household income is $69,792. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Charlotte?
The poverty rate in Charlotte, IA is 13.2%, 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 Charlotte, IA?
Charlotte's population is 8.6% White, 3.2% Hispanic or Latino, 0.0% Black or African American, 5.3% Asian, and 0.0% two or more races. 7.2% of residents are foreign-born.