Lester, IA
Population 308 · Iowa
About Lester, IA
Lester is a small community in Iowa with a population of 308 residents. The median household income is $91,875 per year, which is above the national average. The median age in Lester is 38.9 years.
Housing in Lester has a median home value of $185,200 and median monthly rent of $0. Of the 125 total housing units, the majority are owner-occupied, with 101 owner-occupied and 3 renter-occupied units.
The unemployment rate in Lester is 0.0% and the poverty rate is 2.3%. 20.2% of residents hold a bachelor's degree or higher. The average commute time is 18.5 minutes.
Cost of Living in Lester, IA
Compared to national averages, Lester has a median household income of $91,875 (22% above the national median of $75,149). Home values average $185,200, which is 24% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Lester's income is 35% above the state average of $67,947, and home values are 40% above the state median of $132,237.
Why Live in Lester, IA?
Lester offers a strong local economy with a median household income of $91,875, well above the national average, and affordable housing with a median home value of $185,200, 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 0.0%, and a low poverty rate of 2.3%, better than the national average, and short commute times averaging just 18.5 minutes.
Lester has a population of 308 with a median age of 38.9 years. Compare Lester 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 Lester
What is the population of Lester, IA?
The population of Lester, IA is 308 according to the latest Census data.
What is the median household income in Lester?
The median household income in Lester, IA is $91,875 per year.
What is the median home value in Lester?
The median home value in Lester, IA is $185,200.
What is the average rent in Lester?
The median monthly rent in Lester, IA is $0.
What is the unemployment rate in Lester?
The unemployment rate in Lester, IA is 0.0%.