Grant, IA
Population 40 · Iowa
About Grant, IA
Grant is a small community located in Iowa with a population of 40 residents according to the latest US Census Bureau American Community Survey data. The median household income is $63,750 per year, which is 15% below the national median of $75,149. The median age of 52.4 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 Grant features a median home value of $57,500, which is 77% below the national median of $244,900. This makes Grant 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 23 total housing units, 86% are owner-occupied (19 units) and 14% are renter-occupied (3 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grant shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 22.5%, above the national average of 12.4%. Workers in Grant have an average one-way commute time of 32.9 minutes.
Education & Demographics
11.8% of Grant 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, 2.5% 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 Grant, IA
Compared to national averages, Grant has a median household income of $63,750 (15% below the national median of $75,149). Home values average $57,500, which is 77% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Grant's income is 6% below the state average of $67,947, and home values are 57% below the state median of $132,237.
Why Live in Grant, IA?
Grant offers affordable housing with a median home value of $57,500, 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 0.0%.
Potential considerations include median household income ($63,750) that falls below the national average. However, Grant’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grant has a population of 40 with a median age of 52.4 years. Compare Grant with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Grant
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 Grant With Other Cities
Frequently Asked Questions about Grant
What is the population of Grant, IA?
The population of Grant, IA is 40 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 Grant?
The median household income in Grant, IA is $63,750 per year, which is 15% below the national median of $75,149.
What is the median home value in Grant?
The median home value in Grant, IA is $57,500, which is 77% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grant?
The median monthly rent in Grant, IA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Grant?
The unemployment rate in Grant, IA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Grant, IA a good place to live?
Grant offers a moderate cost of living, affordable housing, and a strong job market. With a population of 40 and a median age of 52.4, the city appeals to established professionals and retirees.
How educated is Grant, IA?
11.8% of residents in Grant 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 Grant?
Key cost-of-living indicators for Grant, IA: median home value is $57,500 (77% below national), median rent is $0/month, and median household income is $63,750. The home-value-to-income ratio is 0.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Grant?
The poverty rate in Grant, IA is 22.5%, 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 Grant, IA?
Grant's population is 0.0% White, 2.5% 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.