Ricketts, IA
Population 58 · Iowa
About Ricketts, IA
Ricketts is a small community located in Iowa with a population of 58 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 63.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Ricketts features a median home value of $52,000, which is 79% below the national median of $244,900. This makes Ricketts one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $706, 39% below the national average of $1,163/month. Of the 57 total housing units, 64% are owner-occupied (28 units) and 36% are renter-occupied (16 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Ricketts shows an unemployment rate of 3.8%, which is near the national rate of 3.7%. The poverty rate stands at 13.8%, above the national average of 12.4%. Workers in Ricketts have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
4.5% of Ricketts 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 3.4% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 3.4% Asian residents, with 3.4% of the population being foreign-born.
Cost of Living in Ricketts, IA
Compared to national averages, Ricketts has a median household income of $0 (100% below the national median of $75,149). Home values average $52,000, which is 79% below the national median. Monthly rent at $706 is 39% below the US average of $1,163. Within Iowa, Ricketts's income is 100% below the state average of $67,947, and home values are 61% below the state median of $132,237.
Why Live in Ricketts, IA?
Ricketts offers affordable housing with a median home value of $52,000, below the US average of $244,900, and rent that’s lower than the national average at $706/month, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Ricketts’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ricketts has a population of 58 with a median age of 63.3 years. Compare Ricketts with other cities to see how it stacks up, or explore all cities in Iowa.
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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 Ricketts
What is the population of Ricketts, IA?
The population of Ricketts, IA is 58 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 Ricketts?
The median household income in Ricketts, IA is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Ricketts?
The median home value in Ricketts, IA is $52,000, which is 79% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ricketts?
The median monthly rent in Ricketts, IA is $706, which is 39% below the national average of $1,163/month.
What is the unemployment rate in Ricketts?
The unemployment rate in Ricketts, IA is 3.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Ricketts, IA a good place to live?
Ricketts offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 58 and a median age of 63.3, the city appeals to established professionals and retirees.
How educated is Ricketts, IA?
4.5% of residents in Ricketts 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 Ricketts?
Key cost-of-living indicators for Ricketts, IA: median home value is $52,000 (79% below national), median rent is $706/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Ricketts?
The poverty rate in Ricketts, IA is 13.8%, 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 Ricketts, IA?
Ricketts's population is 3.4% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 3.4% Asian, and 0.0% two or more races. 3.4% of residents are foreign-born.