Little Rock, IA
Population 416 · Iowa
About Little Rock, IA
Little Rock is a small community located in Iowa with a population of 416 residents according to the latest US Census Bureau American Community Survey data. The median household income is $64,375 per year, which is 14% below the national median of $75,149. The median age of 35.7 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 Little Rock features a median home value of $78,600, which is 68% below the national median of $244,900. This makes Little Rock one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $625, 46% below the national average of $1,163/month. Of the 178 total housing units, 85% are owner-occupied (137 units) and 15% are renter-occupied (25 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Little Rock shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Little Rock have an average one-way commute time of 34.5 minutes.
Education & Demographics
15.2% of Little Rock 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 9.1% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.2% of the population being foreign-born.
Cost of Living in Little Rock, IA
Compared to national averages, Little Rock has a median household income of $64,375 (14% below the national median of $75,149). Home values average $78,600, which is 68% below the national median. Monthly rent at $625 is 46% below the US average of $1,163. Within Iowa, Little Rock's income is 5% below the state average of $67,947, and home values are 41% below the state median of $132,237.
Why Live in Little Rock, IA?
Little Rock offers affordable housing with a median home value of $78,600, below the US average of $244,900, and rent that’s lower than the national average at $625/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 3.6%, better than the national average.
Potential considerations include median household income ($64,375) that falls below the national average. However, Little Rock’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Little Rock has a population of 416 with a median age of 35.7 years. Compare Little Rock with other cities to see how it stacks up, or explore all cities in Iowa.
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Cities in Iowa with a similar population size.
Demographics
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Economy & Education
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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 Little Rock
What is the population of Little Rock, IA?
The population of Little Rock, IA is 416 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 Little Rock?
The median household income in Little Rock, IA is $64,375 per year, which is 14% below the national median of $75,149.
What is the median home value in Little Rock?
The median home value in Little Rock, IA is $78,600, which is 68% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Little Rock?
The median monthly rent in Little Rock, IA is $625, which is 46% below the national average of $1,163/month.
What is the unemployment rate in Little Rock?
The unemployment rate in Little Rock, IA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Little Rock, IA a good place to live?
Little Rock offers a moderate cost of living, affordable housing, and a strong job market. With a population of 416 and a median age of 35.7, the city appeals to a broad range of residents.
How educated is Little Rock, IA?
15.2% of residents in Little Rock 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 Little Rock?
Key cost-of-living indicators for Little Rock, IA: median home value is $78,600 (68% below national), median rent is $625/month, and median household income is $64,375. The home-value-to-income ratio is 1.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Little Rock?
The poverty rate in Little Rock, IA is 3.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Little Rock, IA?
Little Rock's population is 9.1% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.5% two or more races. 2.2% of residents are foreign-born.