Deep River, IA
Population 315 · Iowa
About Deep River, IA
Deep River is a small community located in Iowa with a population of 315 residents according to the latest US Census Bureau American Community Survey data. The median household income is $67,143 per year, which is 11% below the national median of $75,149. The median age of 35.4 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 Deep River features a median home value of $82,100, which is 66% below the national median of $244,900. This makes Deep River one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 129 total housing units, 84% are owner-occupied (108 units) and 16% are renter-occupied (20 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Deep River shows an unemployment rate of 0.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Deep River have an average one-way commute time of 37 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
5.6% of Deep River 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.6% of the population being foreign-born.
How Deep River Ranks in Iowa
Cost of Living in Deep River, IA
Compared to national averages, Deep River has a median household income of $67,143 (11% below the national median of $75,149). Home values average $82,100, which is 66% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Deep River's income is 1% below the state average of $67,947, and home values are 38% below the state median of $132,237.
Why Live in Deep River, IA?
Deep River offers affordable housing with a median home value of $82,100, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.7%. Additionally, the city features a low poverty rate of 9.2%, better than the national average.
Potential considerations include median household income ($67,143) that falls below the national average. However, Deep River’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Deep River has a population of 315 with a median age of 35.4 years. Compare Deep River with other cities to see how it stacks up, or explore all cities in Iowa.
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Cities in Iowa with a similar population size.
Demographics
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Economy & Education
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Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Deep River
What is the population of Deep River, IA?
The population of Deep River, IA is 315 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 Deep River?
The median household income in Deep River, IA is $67,143 per year, which is 11% below the national median of $75,149.
What is the median home value in Deep River?
The median home value in Deep River, IA is $82,100, which is 66% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Deep River?
The median monthly rent in Deep River, IA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Deep River?
The unemployment rate in Deep River, IA is 0.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Deep River, IA a good place to live?
Deep River offers a moderate cost of living, affordable housing, and a strong job market. With a population of 315 and a median age of 35.4, the city appeals to a broad range of residents.
How educated is Deep River, IA?
5.6% of residents in Deep River 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 Deep River?
Key cost-of-living indicators for Deep River, IA: median home value is $82,100 (66% below national), median rent is $0/month, and median household income is $67,143. The home-value-to-income ratio is 1.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Deep River?
The poverty rate in Deep River, IA is 9.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Deep River, IA?
Deep River's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.6% of residents are foreign-born.