Meservey, IA
Population 300 · Iowa
About Meservey, IA
Meservey is a small community located in Iowa with a population of 300 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,063 per year, which is 28% below the national median of $75,149. The median age of 31 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 Meservey features a median home value of $54,100, which is 78% below the national median of $244,900. This makes Meservey one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $667, 43% below the national average of $1,163/month. Of the 149 total housing units, 79% are owner-occupied (88 units) and 21% are renter-occupied (23 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Meservey shows an unemployment rate of 0.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 28.0%, above the national average of 12.4%. Workers in Meservey have an average one-way commute time of 29.4 minutes.
Education & Demographics
7.3% of Meservey 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 20.3% White, 1.7% Hispanic or Latino, 0.0% Black or African American, and 0.3% Asian residents, with 4.7% of the population being foreign-born.
Cost of Living in Meservey, IA
Compared to national averages, Meservey has a median household income of $54,063 (28% below the national median of $75,149). Home values average $54,100, which is 78% below the national median. Monthly rent at $667 is 43% below the US average of $1,163. Within Iowa, Meservey's income is 20% below the state average of $67,947, and home values are 59% below the state median of $132,237.
Why Live in Meservey, IA?
Meservey offers affordable housing with a median home value of $54,100, below the US average of $244,900, and rent that’s lower than the national average at $667/month, and a strong job market with an unemployment rate of just 0.9%.
Potential considerations include median household income ($54,063) that falls below the national average. However, Meservey’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Meservey has a population of 300 with a median age of 31 years. Compare Meservey 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 Meservey
What is the population of Meservey, IA?
The population of Meservey, IA is 300 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 Meservey?
The median household income in Meservey, IA is $54,063 per year, which is 28% below the national median of $75,149.
What is the median home value in Meservey?
The median home value in Meservey, IA is $54,100, which is 78% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Meservey?
The median monthly rent in Meservey, IA is $667, which is 43% below the national average of $1,163/month.
What is the unemployment rate in Meservey?
The unemployment rate in Meservey, IA is 0.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Meservey, IA a good place to live?
Meservey offers a moderate cost of living, affordable housing, and a strong job market. With a population of 300 and a median age of 31, the city appeals to young professionals and families.
How educated is Meservey, IA?
7.3% of residents in Meservey 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 Meservey?
Key cost-of-living indicators for Meservey, IA: median home value is $54,100 (78% below national), median rent is $667/month, and median household income is $54,063. The home-value-to-income ratio is 1.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Meservey?
The poverty rate in Meservey, IA is 28.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Meservey, IA?
Meservey's population is 20.3% White, 1.7% Hispanic or Latino, 0.0% Black or African American, 0.3% Asian, and 0.0% two or more races. 4.7% of residents are foreign-born.