Haverhill, IA
Population 144 · Iowa
About Haverhill, IA
Haverhill is a small community located in Iowa with a population of 144 residents according to the latest US Census Bureau American Community Survey data. The median household income is $59,583 per year, which is 21% below the national median of $75,149. The median age of 40.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Haverhill features a median home value of $116,500, which is 52% below the national median of $244,900. This makes Haverhill 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 56 total housing units, 100% are owner-occupied (55 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Haverhill shows an unemployment rate of 13.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 11.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Haverhill have an average one-way commute time of 22.1 minutes.
Education & Demographics
21.9% of Haverhill 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 9.7% White, 0.0% 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 Haverhill, IA
Compared to national averages, Haverhill has a median household income of $59,583 (21% below the national median of $75,149). Home values average $116,500, which is 52% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Haverhill's income is 12% below the state average of $67,947, and home values are 12% below the state median of $132,237.
Why Live in Haverhill, IA?
Haverhill offers affordable housing with a median home value of $116,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a low poverty rate of 11.9%, better than the national average. Additionally, the city features short commute times averaging just 22.1 minutes.
Potential considerations include median household income ($59,583) that falls below the national average. However, Haverhill’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Haverhill has a population of 144 with a median age of 40.5 years. Compare Haverhill 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 Haverhill
What is the population of Haverhill, IA?
The population of Haverhill, IA is 144 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 Haverhill?
The median household income in Haverhill, IA is $59,583 per year, which is 21% below the national median of $75,149.
What is the median home value in Haverhill?
The median home value in Haverhill, IA is $116,500, which is 52% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Haverhill?
The median monthly rent in Haverhill, IA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Haverhill?
The unemployment rate in Haverhill, IA is 13.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Haverhill, IA a good place to live?
Haverhill offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 144 and a median age of 40.5, the city appeals to a broad range of residents.
How educated is Haverhill, IA?
21.9% of residents in Haverhill 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 Haverhill?
Key cost-of-living indicators for Haverhill, IA: median home value is $116,500 (52% below national), median rent is $0/month, and median household income is $59,583. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Haverhill?
The poverty rate in Haverhill, IA is 11.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Haverhill, IA?
Haverhill's population is 9.7% White, 0.0% 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.