Letts, IA
Population 382 · Iowa
About Letts, IA
Letts is a small community in Iowa with a population of 382 residents. The median household income is $75,625 per year, which is above the national average. The median age in Letts is 41.3 years.
Housing in Letts has a median home value of $103,700 and median monthly rent of $942. Of the 147 total housing units, the majority are owner-occupied, with 111 owner-occupied and 18 renter-occupied units.
The unemployment rate in Letts is 7.0% and the poverty rate is 2.4%. 8.0% of residents hold a bachelor's degree or higher. The average commute time is 23.8 minutes.
Cost of Living in Letts, IA
Compared to national averages, Letts has a median household income of $75,625 (1% above the national median of $75,149). Home values average $103,700, which is 58% below the national median. Monthly rent at $942 is 19% below the US average of $1,163. Within Iowa, Letts's income is 11% above the state average of $67,947, and home values are 22% below the state median of $132,237.
Why Live in Letts, IA?
Letts offers a strong local economy with a median household income of $75,625, well above the national average, and affordable housing with a median home value of $103,700, below the US average of $244,900, and rent that’s lower than the national average at $942/month. Additionally, the city features a low poverty rate of 2.4%, better than the national average, and short commute times averaging just 23.8 minutes.
Letts has a population of 382 with a median age of 41.3 years. Compare Letts with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Letts
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bonaparte | 382 | $40,000 | $68,500 | Compare |
| Donahue | 382 | $103,750 | $211,900 | Compare |
| Duncombe | 382 | $63,125 | $108,200 | Compare |
| Callender | 381 | $66,667 | $107,100 | Compare |
| Lockridge | 383 | $93,929 | $79,700 | Compare |
| Ryan | 383 | $77,500 | $148,100 | Compare |
| Dow City | 384 | $46,932 | $130,200 | Compare |
| West Okoboji | 384 | $73,125 | $591,700 | 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.
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Frequently Asked Questions about Letts
What is the population of Letts, IA?
The population of Letts, IA is 382 according to the latest Census data.
What is the median household income in Letts?
The median household income in Letts, IA is $75,625 per year.
What is the median home value in Letts?
The median home value in Letts, IA is $103,700.
What is the average rent in Letts?
The median monthly rent in Letts, IA is $942.
What is the unemployment rate in Letts?
The unemployment rate in Letts, IA is 7.0%.