Deloit, IA
Population 309 · Iowa
About Deloit, IA
Deloit is a small community located in Iowa with a population of 309 residents according to the latest US Census Bureau American Community Survey data. The median household income is $37,917 per year, which is 50% below the national median of $75,149. The median age of 38.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Deloit features a median home value of $68,800, which is 72% below the national median of $244,900. This makes Deloit one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $700, 40% below the national average of $1,163/month. Of the 158 total housing units, 91% are owner-occupied (115 units) and 9% are renter-occupied (11 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Deloit shows an unemployment rate of 10.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 14.9%, above the national average of 12.4%. Workers in Deloit have an average one-way commute time of 14.6 minutes, one of the shorter commutes in the region.
Education & Demographics
12.2% of Deloit 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 30.1% White, 12.3% Hispanic or Latino, 0.0% Black or African American, and 11.3% Asian residents, with 6.8% of the population being foreign-born.
Cost of Living in Deloit, IA
Compared to national averages, Deloit has a median household income of $37,917 (50% below the national median of $75,149). Home values average $68,800, which is 72% below the national median. Monthly rent at $700 is 40% below the US average of $1,163. Within Iowa, Deloit's income is 44% below the state average of $67,947, and home values are 48% below the state median of $132,237.
Why Live in Deloit, IA?
Deloit offers affordable housing with a median home value of $68,800, below the US average of $244,900, and rent that’s lower than the national average at $700/month, and short commute times averaging just 14.6 minutes.
Potential considerations include median household income ($37,917) that falls below the national average. However, Deloit’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Deloit has a population of 309 with a median age of 38.7 years. Compare Deloit 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 Deloit
What is the population of Deloit, IA?
The population of Deloit, IA is 309 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 Deloit?
The median household income in Deloit, IA is $37,917 per year, which is 50% below the national median of $75,149.
What is the median home value in Deloit?
The median home value in Deloit, IA is $68,800, which is 72% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Deloit?
The median monthly rent in Deloit, IA is $700, which is 40% below the national average of $1,163/month.
What is the unemployment rate in Deloit?
The unemployment rate in Deloit, IA is 10.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Deloit, IA a good place to live?
Deloit offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 309 and a median age of 38.7, the city appeals to a broad range of residents.
How educated is Deloit, IA?
12.2% of residents in Deloit 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 Deloit?
Key cost-of-living indicators for Deloit, IA: median home value is $68,800 (72% below national), median rent is $700/month, and median household income is $37,917. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Deloit?
The poverty rate in Deloit, IA is 14.9%, 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 Deloit, IA?
Deloit's population is 30.1% White, 12.3% Hispanic or Latino, 0.0% Black or African American, 11.3% Asian, and 0.0% two or more races. 6.8% of residents are foreign-born.