Fraser, IA
Population 134 · Iowa
About Fraser, IA
Fraser is a small community located in Iowa with a population of 134 residents according to the latest US Census Bureau American Community Survey data. The median household income is $66,625 per year, which is 11% below the national median of $75,149. The median age of 47 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Fraser features a median home value of $158,900, which is 35% below the national median of $244,900. This positions Fraser in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 71 total housing units, 94% are owner-occupied (59 units) and 6% are renter-occupied (4 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Fraser 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 6.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Fraser have an average one-way commute time of 21.2 minutes.
Education & Demographics
9.3% of Fraser 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, 0.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Fraser, IA
Compared to national averages, Fraser has a median household income of $66,625 (11% below the national median of $75,149). Home values average $158,900, which is 35% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Fraser's income is 2% below the state average of $67,947, and home values are 20% above the state median of $132,237.
Why Live in Fraser, IA?
Fraser offers affordable housing with a median home value of $158,900, 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 2.8%. Additionally, the city features a low poverty rate of 6.7%, better than the national average, and short commute times averaging just 21.2 minutes.
Potential considerations include median household income ($66,625) that falls below the national average. However, Fraser’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fraser has a population of 134 with a median age of 47 years. Compare Fraser with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Fraser
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dickens | 134 | $92,778 | $98,000 | Compare |
| Mitchell | 134 | $66,250 | $119,200 | Compare |
| Franklin | 135 | $47,500 | $116,500 | Compare |
| North Washington | 133 | $82,500 | $133,300 | Compare |
| Westfield | 133 | $60,000 | $97,500 | Compare |
| Clemons | 132 | $56,406 | $90,700 | Compare |
| Marne | 132 | $52,917 | $88,100 | Compare |
| Millersburg | 136 | $75,357 | $107,100 | Compare |
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 Fraser With Other Cities
Frequently Asked Questions about Fraser
What is the population of Fraser, IA?
The population of Fraser, IA is 134 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 Fraser?
The median household income in Fraser, IA is $66,625 per year, which is 11% below the national median of $75,149.
What is the median home value in Fraser?
The median home value in Fraser, IA is $158,900, which is 35% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Fraser?
The median monthly rent in Fraser, IA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Fraser?
The unemployment rate in Fraser, 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 Fraser, IA a good place to live?
Fraser offers a moderate cost of living, affordable housing, and a strong job market. With a population of 134 and a median age of 47, the city appeals to established professionals and retirees.
How educated is Fraser, IA?
9.3% of residents in Fraser 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 Fraser?
Key cost-of-living indicators for Fraser, IA: median home value is $158,900 (35% below national), median rent is $0/month, and median household income is $66,625. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Fraser?
The poverty rate in Fraser, IA is 6.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Fraser, IA?
Fraser's population is 0.0% White, 0.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.