Dexter, IA
Population 781 · Iowa
About Dexter, IA
Dexter is a small community located in Iowa with a population of 781 residents according to the latest US Census Bureau American Community Survey data. The median household income is $83,214 per year, which is 11% above the national median of $75,149. The median age of 37.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Dexter features a median home value of $157,200, which is 36% below the national median of $244,900. This positions Dexter in a moderately priced market relative to the rest of the country. Median monthly rent is $867, 25% below the national average of $1,163/month. Of the 316 total housing units, 84% are owner-occupied (244 units) and 16% are renter-occupied (48 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Dexter shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 2.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Dexter have an average one-way commute time of 30.9 minutes.
Education & Demographics
21.9% of Dexter 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 4.1% White, 1.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.1% of the population being foreign-born.
Cost of Living in Dexter, IA
Compared to national averages, Dexter has a median household income of $83,214 (11% above the national median of $75,149). Home values average $157,200, which is 36% below the national median. Monthly rent at $867 is 25% below the US average of $1,163. Within Iowa, Dexter's income is 22% above the state average of $67,947, and home values are 19% above the state median of $132,237.
Why Live in Dexter, IA?
Dexter offers a strong local economy with a median household income of $83,214, well above the national average, and affordable housing with a median home value of $157,200, below the US average of $244,900, and rent that’s lower than the national average at $867/month. Additionally, the city features a low poverty rate of 2.8%, better than the national average.
Dexter has a population of 781 with a median age of 37.9 years. Compare Dexter 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 Dexter
What is the population of Dexter, IA?
The population of Dexter, IA is 781 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 Dexter?
The median household income in Dexter, IA is $83,214 per year, which is 11% above the national median of $75,149.
What is the median home value in Dexter?
The median home value in Dexter, IA is $157,200, which is 36% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Dexter?
The median monthly rent in Dexter, IA is $867, which is 25% below the national average of $1,163/month.
What is the unemployment rate in Dexter?
The unemployment rate in Dexter, IA is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Dexter, IA a good place to live?
Dexter offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 781 and a median age of 37.9, the city appeals to a broad range of residents.
How educated is Dexter, IA?
21.9% of residents in Dexter 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 Dexter?
Key cost-of-living indicators for Dexter, IA: median home value is $157,200 (36% below national), median rent is $867/month, and median household income is $83,214. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Dexter?
The poverty rate in Dexter, IA is 2.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Dexter, IA?
Dexter's population is 4.1% White, 1.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.6% two or more races. 0.1% of residents are foreign-born.