Hastings, IA
Population 121 · Iowa
About Hastings, IA
Hastings is a small community located in Iowa with a population of 121 residents according to the latest US Census Bureau American Community Survey data. The median household income is $81,719 per year, which is 9% above the national median of $75,149. The median age of 44.6 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 Hastings features a median home value of $93,800, which is 62% below the national median of $244,900. This makes Hastings 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 60 total housing units, 96% are owner-occupied (45 units) and 4% are renter-occupied (2 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hastings shows an unemployment rate of 1.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hastings have an average one-way commute time of 32 minutes.
Education & Demographics
9.0% of Hastings 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, 19.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.8% of the population being foreign-born.
Cost of Living in Hastings, IA
Compared to national averages, Hastings has a median household income of $81,719 (9% above the national median of $75,149). Home values average $93,800, which is 62% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Hastings's income is 20% above the state average of $67,947, and home values are 29% below the state median of $132,237.
Why Live in Hastings, IA?
Hastings offers a strong local economy with a median household income of $81,719, well above the national average, and affordable housing with a median home value of $93,800, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 1.8%, and a low poverty rate of 1.7%, better than the national average.
Hastings has a population of 121 with a median age of 44.6 years. Compare Hastings 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 Hastings
What is the population of Hastings, IA?
The population of Hastings, IA is 121 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 Hastings?
The median household income in Hastings, IA is $81,719 per year, which is 9% above the national median of $75,149.
What is the median home value in Hastings?
The median home value in Hastings, IA is $93,800, which is 62% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hastings?
The median monthly rent in Hastings, IA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Hastings?
The unemployment rate in Hastings, IA is 1.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Hastings, IA a good place to live?
Hastings offers above-average incomes, affordable housing, and a strong job market. With a population of 121 and a median age of 44.6, the city appeals to a broad range of residents.
How educated is Hastings, IA?
9.0% of residents in Hastings 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 Hastings?
Key cost-of-living indicators for Hastings, IA: median home value is $93,800 (62% below national), median rent is $0/month, and median household income is $81,719. The home-value-to-income ratio is 1.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hastings?
The poverty rate in Hastings, IA is 1.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Hastings, IA?
Hastings's population is 0.0% White, 19.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.8% of residents are foreign-born.