Larchwood, IA
Population 1,076 · Iowa
About Larchwood, IA
Larchwood is a small town located in Iowa with a population of 1,076 residents according to the latest US Census Bureau American Community Survey data. The median household income is $69,327 per year, which is 8% below the national median of $75,149. The median age of 34.3 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Larchwood features a median home value of $189,700, which is 23% below the national median of $244,900. This positions Larchwood in a moderately priced market relative to the rest of the country. Median monthly rent is $854, 27% below the national average of $1,163/month. Of the 424 total housing units, 80% are owner-occupied (314 units) and 20% are renter-occupied (79 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Larchwood shows an unemployment rate of 1.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Larchwood have an average one-way commute time of 26.6 minutes.
Education & Demographics
25.4% of Larchwood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 2.0% White, 3.3% Hispanic or Latino, 0.0% Black or African American, and 2.7% Asian residents, with 1.4% of the population being foreign-born.
Cost of Living in Larchwood, IA
Compared to national averages, Larchwood has a median household income of $69,327 (8% below the national median of $75,149). Home values average $189,700, which is 23% below the national median. Monthly rent at $854 is 27% below the US average of $1,163. Within Iowa, Larchwood's income is 2% above the state average of $67,947, and home values are 43% above the state median of $132,237.
Why Live in Larchwood, IA?
Larchwood offers affordable housing with a median home value of $189,700, below the US average of $244,900, and rent that’s lower than the national average at $854/month, and a strong job market with an unemployment rate of just 1.6%. Additionally, the city features a low poverty rate of 6.6%, better than the national average.
Potential considerations include median household income ($69,327) that falls below the national average. However, Larchwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Larchwood has a population of 1,076 with a median age of 34.3 years. Compare Larchwood with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Larchwood
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Winthrop | 1,081 | $64,904 | $149,200 | Compare |
| Eddyville | 1,085 | $61,205 | $107,300 | Compare |
| Winfield | 1,065 | $46,364 | $99,800 | Compare |
| Swisher | 1,064 | $99,118 | $249,800 | Compare |
| Buffalo | 1,090 | $74,773 | $120,400 | Compare |
| Anita | 1,060 | $65,375 | $114,500 | Compare |
| Sully | 1,092 | $86,576 | $165,600 | Compare |
| Preston | 1,057 | $82,950 | $144,600 | 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 Larchwood With Other Cities
Frequently Asked Questions about Larchwood
What is the population of Larchwood, IA?
The population of Larchwood, IA is 1,076 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Iowa.
What is the median household income in Larchwood?
The median household income in Larchwood, IA is $69,327 per year, which is 8% below the national median of $75,149.
What is the median home value in Larchwood?
The median home value in Larchwood, IA is $189,700, which is 23% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Larchwood?
The median monthly rent in Larchwood, IA is $854, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Larchwood?
The unemployment rate in Larchwood, IA is 1.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Larchwood, IA a good place to live?
Larchwood offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,076 and a median age of 34.3, the city appeals to young professionals and families.
How educated is Larchwood, IA?
25.4% of residents in Larchwood 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 Larchwood?
Key cost-of-living indicators for Larchwood, IA: median home value is $189,700 (23% below national), median rent is $854/month, and median household income is $69,327. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Larchwood?
The poverty rate in Larchwood, IA is 6.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Larchwood, IA?
Larchwood's population is 2.0% White, 3.3% Hispanic or Latino, 0.0% Black or African American, 2.7% Asian, and 0.5% two or more races. 1.4% of residents are foreign-born.